129 Knight DrSaltilloMS38866
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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 Saltillo at 129 Knight Dr, Saltillo, MS, 38866 with 5% annual appreciation on a $112,000 basis while $892/mo rent supports operations. Total monthly income totals $892/mo and a $548/mo payment preserves $207/mo for cash returns. Annual cash flow comes to $2,482/yr on $37,128 deployed, and return on cash invested reaches 26.59% in year one. Equity gained on principal adds $723/yr, and five-year appreciation sums $30,944 alongside rental yield of 9.56%. Five-year ROI measures 138.63% and total cumulative return in cash totals $51,471.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $892/mo property income versus a $548/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38866, Saltillo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,595 (100%) |
| Owner Occupied HU | 3,981 (71.2%) |
| Renter Occupied HU | 1,062 (19.0%) |
| Vacant Housing Units | 552 ( 9.9%) |
| Median Home Value | $235,167 |
| Average Home Value | $246,466 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,995
Multi-Family
0
Businesses
286
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Listed by: Deborah Tierce • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-3570
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.