13 Scotland YardWest PointMS39773
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
Rental property for sale in West Point at 13 Scotland Yard, West Point, MS, 39773 priced at $318,800 converts $2,429/mo rent into $164/mo cash flow after a $1,560/mo obligation. Total monthly income equals $2,429/mo, and annual cash flow totals $1,968/yr on $105,682 invested. Return on cash invested prints 21.77% in year one, and rental yield reads 9.14% against a $318,800 entry. Equity gained on principal adds $2,057/yr, while 5% annual appreciation compiles into $88,079 by year five. Five-year ROI reaches 114.01% and total cumulative return in cash sums $120,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,429/mo property income covering a $1,560/mo payment, not borrower’s personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39773, West Point, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,167 (100%) |
| Owner Occupied HU | 4,436 (61.9%) |
| Renter Occupied HU | 1,800 (25.1%) |
| Vacant Housing Units | 931 (13.0%) |
| Median Home Value | $128,292 |
| Average Home Value | $204,758 |
Housing Distribution
Address Breakdown
Residential
6,801
Single Family
6,463
Multi-Family
338
Businesses
719
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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