153 Dogwood StHickory 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
Rental property for sale in Hickory Flat at 153 Dogwood St, Hickory Flat, MS, 38633 generates $1,816/mo in rent and, after a $1,248/mo payment, leaves $256/mo in cash flow. Total monthly income is $1,816/mo, and annual cash flow is $3,067/yr on $84,533 invested. Return on cash invested sits at 23.54% in year one, and rental yield is 8.55% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 122.22% and total cumulative return in cash sums $103,316. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,816/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
20.73 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: Gail Collins • CENTURY 21 KNOWLES REALTY
Mls Name: NMMLS
Mls Provider:
Mls ID: #23-2147
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.