Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Pontotoc at 1460 Chapman Rd, Pontotoc, MS, 38863 priced at $290,000 converts $1,439/mo rent into after a $1,419/mo obligation. Total monthly income equals $1,439/mo. Return on cash invested prints 15.72% in year one, and rental yield reads 5.95% against a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,122 by year five. Five-year ROI reaches 80.29% and total cumulative return in cash sums $77,188. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,439/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in N/A
44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 6,242 (64.7%) |
| Renter Occupied HU | 2,126 (22.0%) |
| Vacant Housing Units | 1,287 (13.3%) |
| Median Home Value | $170,000 |
| Average Home Value | $209,586 |
Residential
9,055
Single Family
8,985
Multi-Family
70
Businesses
685
Date | Event | Price |
|---|---|---|
| 2024-11-07 | Listed for sale | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-28 | N/A | N/A | $7,916 | 9.50% |
| 2022-01-28 | N/A | N/A | $7,229 | -0.48% |
| 2021-01-28 | N/A | N/A | $7,264 | -0.48% |
Listed by: Matt Parrish • Patty Turk Properties, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-3920
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.
