1610 Barnes CirMonticelloMS39654
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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 Monticello at 1610 Barnes Cir, Monticello, MS, 39654 uses $52,046 cash to close to unlock $6,956/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $1,540/mo, and a $768/mo payment keeps the spread at $580/mo. Purchase price stands at $157,000, and rental yield measures 11.77% with $1,540/mo rent. Return on cash invested shows 33.27% in year one, and 5% annual appreciation builds toward $43,376 over five years. Five-year ROI reaches 174.44% and total cumulative return in cash records $90,788. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $768/mo payment rather than investor’s personal income.
Single Family
Built in 1967
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39654, Monticello, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,562 (100%) |
| Owner Occupied HU | 1,768 (69.0%) |
| Renter Occupied HU | 430 (16.8%) |
| Vacant Housing Units | 364 (14.2%) |
| Median Home Value | $139,031 |
| Average Home Value | $179,671 |
Housing Distribution
Address Breakdown
Residential
2,230
Single Family
2,147
Multi-Family
83
Businesses
238
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Listed by: Jaymie Palmer • 4 Corner Properties, LLC
Mls Name: MLS United
Mls ID: #4137641