14 Joy DrSilver CreekMS39663
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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 Silver Creek at 14 Joy Dr, Silver Creek, MS, 39663 priced at $405,000 pairs $1,652/mo rent with after a $1,982/mo payment. Total monthly income equals $1,652/mo. Return on cash invested is 12.52% in year one, and rental yield stands at 4.89% on a $405,000 basis. Equity gained on principal adds $2,613/yr, and 5% annual appreciation accumulates to $111,894 by year five. Five-year ROI measures 63.16% and total cumulative return in cash reaches $84,794. For financing, Ziffy Mortgage’s DSCR program evaluates $1,652/mo property income against a $1,982/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
26.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39663, Silver Creek, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,316 (100%) |
| Owner Occupied HU | 957 (72.7%) |
| Renter Occupied HU | 151 (11.5%) |
| Vacant Housing Units | 208 (15.8%) |
| Median Home Value | $114,595 |
| Average Home Value | $160,152 |
Housing Distribution
Address Breakdown
Residential
1,099
Single Family
1,099
Multi-Family
0
Businesses
27
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Listed by: Akeelah Sartin • Engel & Volkers Slidell-Mandeville
Mls Name: MLS United
Mls ID: #4124205