1305 W McHenry RdMchenryMS39561
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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 Mchenry at 1305 W McHenry Rd, Mchenry, MS, 39561 offers a 9.29% rental yield on a $219,000 purchase with $1,696/mo rent. Total monthly income registers $1,696/mo, and a $1,072/mo payment leaves $356/mo available for distribution. Annual cash flow reaches $4,269/yr on $72,599 to close, and return on cash invested stands at 25.79% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 134.28% and total cumulative return in cash at $97,485. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,696/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39561, Mc Henry, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 987 (100%) |
| Owner Occupied HU | 779 (78.9%) |
| Renter Occupied HU | 132 (13.4%) |
| Vacant Housing Units | 76 ( 7.7%) |
| Median Home Value | $204,474 |
| Average Home Value | $243,091 |
Housing Distribution
Address Breakdown
Residential
905
Single Family
905
Multi-Family
0
Businesses
27
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Listed by: Jessica F Lee • Coastal Realty Group
Mls Name: MLS United
Mls ID: #4130714