150 County Road 3485New SiteMS38859
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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
Investment property for sale in New Site at 150 County Road 3485, New Site, MS, 38859 offers a 0% rental yield on a $149,000 purchase with $0/mo rent. 24% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38859, New Site, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 445 (100%) |
| Owner Occupied HU | 297 (66.7%) |
| Renter Occupied HU | 31 ( 7.0%) |
| Vacant Housing Units | 117 (26.3%) |
| Median Home Value | $130,921 |
| Average Home Value | $175,219 |
Housing Distribution
Address Breakdown
Residential
294
Single Family
294
Multi-Family
0
Businesses
8
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Listed by: Chad Mills • Patty Turk Properties, LLC
Mls Name: NMMLS
Mls ID: #25-2538