121 McComb AveSaltilloMS38866
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Saltillo at 121 McComb Ave, Saltillo, MS, 38866 uses $91,163 cash to close to unlock $11,330/yr annual cash flow and $944/mo monthly cash flow. Total monthly income runs $2,627/mo, and a $1,346/mo payment keeps the spread at $944/mo. Purchase price stands at $275,000, and rental yield measures 11.46% with $2,627/mo rent. Return on cash invested shows 32.34% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 169.45% and total cumulative return in cash records $154,475. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,627/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38866, Saltillo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,595 (100%) |
| Owner Occupied HU | 3,981 (71.2%) |
| Renter Occupied HU | 1,062 (19.0%) |
| Vacant Housing Units | 552 ( 9.9%) |
| Median Home Value | $235,167 |
| Average Home Value | $246,466 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,995
Multi-Family
0
Businesses
286
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A