131 W Main StNettletonMS38858
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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
Rental property for sale in Nettleton at 131 W Main St, Nettleton, MS, 38858 priced at $179,000 converts $0/mo rent into after a $876/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.24% in year one, and rental yield reads 0% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38858, Nettleton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,164 (100%) |
| Owner Occupied HU | 2,198 (69.5%) |
| Renter Occupied HU | 562 (17.8%) |
| Vacant Housing Units | 404 (12.8%) |
| Median Home Value | $147,287 |
| Average Home Value | $171,993 |
Housing Distribution
Address Breakdown
Residential
2,916
Single Family
2,916
Multi-Family
0
Businesses
129
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No similar rental properties found nearby.
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Listed by: Jed Morris • J Morris Realty, LLC
Mls Name: NCMBR
Mls ID: #160557