1469 County Road 2Hickory FlatMS38633
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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
Total monthly income runs $1,056/mo, and a $881/mo payment. Purchase price stands at $179,900, and rental yield measures 7.04% with $1,056/mo rent. Return on cash invested shows 19% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 97.89% and total cumulative return in cash records $58,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,056/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
4.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38633, Hickory Flat, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 673 (58.2%) |
| Renter Occupied HU | 203 (17.5%) |
| Vacant Housing Units | 281 (24.3%) |
| Median Home Value | $116,634 |
| Average Home Value | $138,659 |
Housing Distribution
Address Breakdown
Residential
976
Single Family
976
Multi-Family
0
Businesses
38
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Listed by: Ethan Park • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1920
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