1320 Barnes CirMonticelloMS39654
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1320 Barnes Cir, Monticello, MS, 39654 in Monticello. At $127,000 it earns $988/mo in rent and distributes $211/mo to the owner after the $571/mo payment, a consistent 9.34% yield. DSCR 1.73 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $35,088 in value; $1,170/yr in principal paydown compounds ownership stake. Total projected return: $61,719.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $211 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $988 |
| Total Monthly Debt Service | $727 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1968
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39654, Monticello, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,562 (100%) |
| Owner Occupied HU | 1,768 (69.0%) |
| Renter Occupied HU | 430 (16.8%) |
| Vacant Housing Units | 364 (14.2%) |
| Median Home Value | $139,031 |
| Average Home Value | $179,671 |
Housing Distribution
Address Breakdown
Residential
2,230
Single Family
2,147
Multi-Family
83
Businesses
238
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
Single Family
Built in 1968
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39654, Monticello, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,562 (100%) |
| Owner Occupied HU | 1,768 (69.0%) |
| Renter Occupied HU | 430 (16.8%) |
| Vacant Housing Units | 364 (14.2%) |
| Median Home Value | $139,031 |
| Average Home Value | $179,671 |
Housing Distribution
Address Breakdown
Residential
2,230
Single Family
2,147
Multi-Family
83
Businesses
238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jaymie Palmer • 4 Corner Properties, LLC
Mls Name: Southwest Mississippi BOR
Mls ID: #143024
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.