1317 Frances Ave NWMageeMS39111
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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 Magee at 1317 Frances Ave NW, Magee, MS, 39111 earns $192/mo cash flow from $1,080/mo rent with a $710/mo payment. Total monthly income totals $1,080/mo, and annual cash flow totals $2,308/yr on $48,068 capital. ROI tracks 24.71% on current figures, and rental yield reads 8.94% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 128.56% and total cumulative return in cash sums $61,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,080/mo property income instead of your personal income.
Single Family
Built in 1980
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39111, Magee, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 2,485 (60.9%) |
| Renter Occupied HU | 996 (24.4%) |
| Vacant Housing Units | 600 (14.7%) |
| Median Home Value | $155,105 |
| Average Home Value | $163,878 |
Housing Distribution
Address Breakdown
Residential
3,972
Single Family
3,650
Multi-Family
322
Businesses
586
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Listed by: Tiffany Kinslow • Main Street Realty LLC
Mls Name: MLS United
Mls ID: #4125638