160 Main StNettletonMS38858
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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 Nettleton at 160 Main St, Nettleton, MS, 38858 listed at $280,000 pairs $1,897/mo rent with a $1,370/mo payment to leave $184/mo cash flow. Total monthly income runs $1,897/mo, and annual cash flow reaches $2,208/yr on $92,820 cash to close. Return on cash invested measures 22.29% in year one, and rental yield registers 8.13% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 115.48% and total cumulative return in cash totals $107,193. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,897/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38858, Nettleton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,164 (100%) |
| Owner Occupied HU | 2,198 (69.5%) |
| Renter Occupied HU | 562 (17.8%) |
| Vacant Housing Units | 404 (12.8%) |
| Median Home Value | $147,287 |
| Average Home Value | $171,993 |
Housing Distribution
Address Breakdown
Residential
2,916
Single Family
2,916
Multi-Family
0
Businesses
129
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Listed by: Linda Ann Swinney • JHB Realty, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-693
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.