159 Highway 341 SVardamanMS38878
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Vardaman at 159 Highway 341 S, Vardaman, MS, 38878 offers a 7.74% rental yield on a $130,500 purchase with $842/mo rent. Total monthly income registers $842/mo, and a $639/mo payment leaves $43/mo available for distribution. Annual cash flow reaches $518/yr on $43,261 to close, and return on cash invested stands at 21.11% in year one. Equity gained on principal adds $842/yr while 5% annual appreciation supports $36,055 over five years. Portfolio math shows five-year ROI at 109.27% and total cumulative return in cash at $47,272. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $842/mo property income against a $639/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38878, Vardaman, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,332 (100%) |
| Owner Occupied HU | 855 (64.2%) |
| Renter Occupied HU | 207 (15.5%) |
| Vacant Housing Units | 270 (20.3%) |
| Median Home Value | $83,421 |
| Average Home Value | $113,561 |
Housing Distribution
Address Breakdown
Residential
1,147
Single Family
1,123
Multi-Family
24
Businesses
58
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Listed by: Amy R. Mercier • TM REALTORS
Mls Name: NMMLS
Mls ID: #25-2750