16 Wright RdLouisvilleMS39339
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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 Louisville at 16 Wright Rd, Louisville, MS, 39339 offers a 10.69% rental yield on a $117,000 purchase with $1,042/mo rent. Total monthly income registers $1,042/mo, and a $573/mo payment leaves $326/mo available for distribution. Annual cash flow reaches $3,908/yr on $38,786 to close, and return on cash invested stands at 29.99% in year one. Equity gained on principal adds $755/yr while 5% annual appreciation supports $32,325 over five years. Portfolio math shows five-year ROI at 156.8% and total cumulative return in cash at $60,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,042/mo property income against a $573/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39339, Louisville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,346 (66.5%) |
| Renter Occupied HU | 1,431 (21.9%) |
| Vacant Housing Units | 761 (11.6%) |
| Median Home Value | $154,350 |
| Average Home Value | $180,896 |
Housing Distribution
Address Breakdown
Residential
6,262
Single Family
6,147
Multi-Family
115
Businesses
607
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Listed by: Jason Lovern • Hill Real Estate- Philadelphia
Mls Name: East Mississippi REALTORS
Mls ID: #24-651