156 S Main StCalhoun CityMS38916
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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 Calhoun City at 156 S Main St, Calhoun City, MS, 38916 offers $1,135/mo rent that, after a $734/mo payment, leaves $217/mo cash flow. Total monthly income is $1,135/mo, and annual cash flow is $2,607/yr on $49,725 cash. Return on cash invested measures 25.15% in year one, and rental yield stands at 9.08% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 130.93% and total cumulative return in cash reaches $65,106. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,135/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38916, Calhoun City, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,277 (100%) |
| Owner Occupied HU | 1,348 (59.2%) |
| Renter Occupied HU | 496 (21.8%) |
| Vacant Housing Units | 433 (19.0%) |
| Median Home Value | $94,364 |
| Average Home Value | $114,798 |
Housing Distribution
Address Breakdown
Residential
1,530
Single Family
1,505
Multi-Family
25
Businesses
153
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Listed by: KATHRYN M BARNETT • TENHET REAL ESTATE
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1955