12138 Highway 492UnionMS39365
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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 Union at 12138 Highway 492, Union, MS, 39365 earns $340/mo cash flow from $1,368/mo rent with a $822/mo payment. Total monthly income totals $1,368/mo, and annual cash flow totals $4,082/yr on $55,692 capital. ROI tracks 27.24% on current figures, and rental yield reads 9.77% at a $168,000 purchase. Equity gained on principal adds $1,084/yr, and 5% annual appreciation supports $46,415 over five years. Five-year ROI reaches 142.13% and total cumulative return in cash sums $79,157. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,368/mo property income instead of your personal income.
Single Family
Built in 1971
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39365, Union, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,166 (100%) |
| Owner Occupied HU | 2,351 (74.3%) |
| Renter Occupied HU | 489 (15.4%) |
| Vacant Housing Units | 326 (10.3%) |
| Median Home Value | $141,210 |
| Average Home Value | $171,486 |
Housing Distribution
Address Breakdown
Residential
3,121
Single Family
3,034
Multi-Family
87
Businesses
165
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Listed by: Becky Gunn • Goodin Realty, LLC
Mls Name: MLS United
Mls ID: #4086995
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.