








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Alligator at 14 Fava St, Alligator, MS, 38720 uses $85,859 cash to close to unlock $1,497/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $1,710/mo, and a $1,268/mo payment keeps the spread at $125/mo. Purchase price stands at $259,000, and rental yield measures 7.92% with $1,710/mo rent. Return on cash invested shows 21.65% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 112.11% and total cumulative return in cash records $96,256. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,710/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 1945
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38720, Alligator, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 283 (100%) |
| Owner Occupied HU | 147 (51.9%) |
| Renter Occupied HU | 26 ( 9.2%) |
| Vacant Housing Units | 110 (38.9%) |
| Median Home Value | $60,556 |
| Average Home Value | $84,473 |
Residential
192
Single Family
192
Multi-Family
0
Businesses
2
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Listed for sale | $259,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1057.20 | -0.39% | $10,075 | N/A |
| 2023-07-01 | $1061.33 | 2.87% | $10,075 | N/A |
| 2022-07-01 | $1031.72 | 6.32% | $10,075 | 9.95% |



Listed by: Anthony Steen • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4117283
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.