16120 Highway 397LouisvilleMS39339
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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 16120 Highway 397, Louisville, MS, 39339 listed at $105,000 pairs $0/mo rent with a $514/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.25% in year one, and rental yield registers 0% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1937
1 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: KELLY M WILSON • MCCULLOUGH REALTY LLC
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1476