15390 Highway 23 NTremontMS38876
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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 $684/mo, and a $978/mo payment. Purchase price stands at $199,900, and rental yield measures 4.11% with $684/mo rent. Return on cash invested shows 10.15% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 50.49% and total cumulative return in cash records $33,457. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $684/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38876, Tremont, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 400 (66.6%) |
| Renter Occupied HU | 119 (19.8%) |
| Vacant Housing Units | 82 (13.6%) |
| Median Home Value | $134,766 |
| Average Home Value | $175,644 |
Housing Distribution
Address Breakdown
Residential
567
Single Family
567
Multi-Family
0
Businesses
17
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Listed by: Jenny Decker Team • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-2579
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.