122 Askew StWater ValleyMS38965
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 Water Valley at 122 Askew St, Water Valley, MS, 38965 at $159,500 posts ROI 31.79% with $524/mo cash flow from $1,500/mo rent. Total monthly income equals $1,500/mo, and annual cash flow records $6,283/yr on $52,874 to close. Return on cash invested measures 31.79% and rental yield reads 11.29% at the current $159,500. Equity gained on principal adds $1,029/yr, and 5% annual appreciation supports $44,067 by year five. Five-year ROI prints 166.49% and total cumulative return in cash totals $88,033.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,500/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38965, Water Valley, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,458 (100%) |
| Owner Occupied HU | 2,892 (64.9%) |
| Renter Occupied HU | 889 (19.9%) |
| Vacant Housing Units | 677 (15.2%) |
| Median Home Value | $150,475 |
| Average Home Value | $174,296 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,957
Multi-Family
62
Businesses
307
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Nearby investment properties with comparable prices
Listed by: Lee McMinn • McMinn Realty and Land
Mls Name: NCMBR
Mls ID: #164412