1213 Oak StInvernessMS38753
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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 Inverness at 1213 Oak St, Inverness, MS, 38753 earns $211/mo cash flow from $973/mo rent with a $609/mo payment. Total monthly income totals $973/mo, and annual cash flow totals $2,538/yr on $41,272 capital. ROI tracks 26.06% on current figures, and rental yield reads 9.38% at a $124,500 purchase. Equity gained on principal adds $803/yr, and 5% annual appreciation supports $34,397 over five years. Five-year ROI reaches 135.79% and total cumulative return in cash sums $56,044. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $973/mo property income instead of your personal income.
Single Family
Built in 1940
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38753, Inverness, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 559 (100%) |
| Owner Occupied HU | 372 (66.5%) |
| Renter Occupied HU | 139 (24.9%) |
| Vacant Housing Units | 48 ( 8.6%) |
| Median Home Value | $139,407 |
| Average Home Value | $185,988 |
Housing Distribution
Address Breakdown
Residential
376
Single Family
336
Multi-Family
40
Businesses
64
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Listed by: Javonne Macklin • Trust Realty Group
Mls Name: MLS United
Mls ID: #4115492
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.