150 Mobile StSaltilloMS38866
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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 Saltillo at 150 Mobile St, Saltillo, MS, 38866 priced at $216,410 converts $3,664/mo rent into $2,247/mo cash flow after a $1,059/mo obligation. Total monthly income equals $3,664/mo, and annual cash flow totals $26,967/yr on $71,740 invested. Return on cash invested prints 57.5% in year one, and rental yield reads 20.32% against a $216,410 entry. Equity gained on principal adds $1,396/yr, while 5% annual appreciation compiles into $59,790 by year five. Five-year ROI reaches 304.93% and total cumulative return in cash sums $218,760. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,664/mo property income covering a $1,059/mo payment, not borrower’s personal income.
Single Family
Built in 1978
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38866, Saltillo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,595 (100%) |
| Owner Occupied HU | 3,981 (71.2%) |
| Renter Occupied HU | 1,062 (19.0%) |
| Vacant Housing Units | 552 ( 9.9%) |
| Median Home Value | $235,167 |
| Average Home Value | $246,466 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,995
Multi-Family
0
Businesses
286
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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