1220 County Road 17Bay SpringsMS39422
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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 Bay Springs at 1220 County Road 17, Bay Springs, MS, 39422 earns $290/mo cash flow from $2,389/mo rent with a $1,679/mo payment. Total monthly income totals $2,389/mo, and annual cash flow totals $3,478/yr on $113,705 capital. ROI tracks 22.97% on current figures, and rental yield reads 8.36% at a $343,000 purchase. Equity gained on principal adds $2,213/yr, and 5% annual appreciation supports $94,765 over five years. Five-year ROI reaches 119.15% and total cumulative return in cash sums $135,480. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,389/mo property income instead of your personal income.
Single Family
Built in 1975
18.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39422, Bay Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,370 (100%) |
| Owner Occupied HU | 1,663 (70.2%) |
| Renter Occupied HU | 378 (15.9%) |
| Vacant Housing Units | 329 (13.9%) |
| Median Home Value | $121,649 |
| Average Home Value | $159,784 |
Housing Distribution
Address Breakdown
Residential
1,755
Single Family
1,706
Multi-Family
49
Businesses
192
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Listed by: Barbara Adamson • Adamson Real Estate
Mls Name: LBOR
Mls ID: #36866