1211 E 1st StBelzoniMS39038
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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
Investment property for sale in Belzoni at 1211 E 1st St, Belzoni, MS, 39038 earns $160/mo cash flow from $1,126/mo rent with a $732/mo payment. Total monthly income totals $1,126/mo, and annual cash flow totals $1,920/yr on $49,559 capital. ROI tracks 23.78% on current figures, and rental yield reads 9.04% at a $149,500 purchase. Equity gained on principal adds $965/yr, and 5% annual appreciation supports $41,304 over five years. Five-year ROI reaches 124.06% and total cumulative return in cash sums $61,481. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,126/mo property income instead of your personal income.
Single Family
Built in 1962
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39038, Belzoni, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,449 (100%) |
| Owner Occupied HU | 1,334 (54.5%) |
| Renter Occupied HU | 816 (33.3%) |
| Vacant Housing Units | 299 (12.2%) |
| Median Home Value | $86,129 |
| Average Home Value | $146,233 |
Housing Distribution
Address Breakdown
Residential
2,173
Single Family
2,050
Multi-Family
123
Businesses
322
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Listed by: Kaye Horton • FOKUS Realty LLC
Mls Name: MLS United
Mls ID: #4066655
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.