1454 State Highway 178 ENew AlbanyMS38652
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
Investment Highlights
Investment property for sale in New Albany at 1454 State Highway 178 E, New Albany, MS, 38652 listed at $169,900 pairs $1,328/mo rent with a $832/mo payment to leave $288/mo cash flow. Total monthly income runs $1,328/mo, and annual cash flow reaches $3,454/yr on $56,322 cash to close. Return on cash invested measures 26.04% in year one, and rental yield registers 9.38% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 135.64% and total cumulative return in cash totals $76,394. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,328/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38652, New Albany, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,643 (100%) |
| Owner Occupied HU | 5,086 (66.5%) |
| Renter Occupied HU | 1,831 (24.0%) |
| Vacant Housing Units | 726 ( 9.5%) |
| Median Home Value | $176,246 |
| Average Home Value | $225,845 |
Housing Distribution
Address Breakdown
Residential
7,117
Single Family
6,950
Multi-Family
167
Businesses
843
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Rowland • Crye-Leike Realtors
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-691
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.