121 Northfield DrSaltilloMS38866
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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
Rental property for sale in Saltillo at 121 Northfield Dr, Saltillo, MS, 38866 generates $1,636/mo in rent, after a $1,615/mo payment. Total monthly income is $1,636/mo. Return on cash invested sits at 15.71% in year one, and rental yield is 5.95% on a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 80.2% and total cumulative return in cash sums $87,711. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,636/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.57 Acres 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
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Listed by: Travis W. Childers • Childers Realty & Associates, Inc.
Mls Name: NMMLS
Mls ID: #25-4188