159 School House RdByhaliaMS38611
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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 Byhalia at 159 School House Rd, Byhalia, MS, 38611 uses $152,324 cash to close to unlock $10,537/yr annual cash flow and $878/mo monthly cash flow. Total monthly income runs $3,690/mo, and a $2,249/mo payment keeps the spread at $878/mo. Purchase price stands at $459,500, and rental yield measures 9.64% with $3,690/mo rent. Return on cash invested shows 26.83% in year one, and 5% annual appreciation builds toward $126,951 over five years. Five-year ROI reaches 139.87% and total cumulative return in cash records $213,048. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,690/mo property income covering a $2,249/mo payment rather than investor’s personal income.
Single Family
Built in 1999
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38611, Byhalia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,824 (100%) |
| Owner Occupied HU | 5,592 (71.5%) |
| Renter Occupied HU | 1,104 (14.1%) |
| Vacant Housing Units | 1,128 (14.4%) |
| Median Home Value | $237,625 |
| Average Home Value | $262,857 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
7,032
Multi-Family
89
Businesses
350
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Listed by: Hollye B Granier • Turn Key Realty Group LLC
Mls Name: MLS United
Mls ID: #4076650
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.