1560 Highway 2Hickory 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
Investment property for sale in Hickory Flat at 1560 Highway 2, Hickory Flat, MS, 38633 listed at $319,900 pairs $1,266/mo rent with a $1,566/mo payment. Total monthly income runs $1,266/mo. Return on cash invested measures 12.08% in year one, and rental yield registers 4.75% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 60.81% and total cumulative return in cash totals $64,484. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,266/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
21 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: Tina D. Martin • Crye-Leike/Hernando
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-212
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.