1633 Herron RdCourtlandMS38620
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1633 Herron Rd, Courtland, MS, 38620 in Courtland: $1,396/mo in rent, $264/mo in net income, 9.05% gross yield, 1.68 DSCR, all at $185,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $51,112 in appreciation and $1,704/yr in principal paydown projects total cumulative return of $87,101.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $264 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,396 |
| Total Monthly Debt Service | $1,058 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38620, Courtland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,114 (75.5%) |
| Renter Occupied HU | 221 (15.0%) |
| Vacant Housing Units | 140 ( 9.5%) |
| Median Home Value | $183,140 |
| Average Home Value | $178,196 |
Housing Distribution
Address Breakdown
Residential
1,352
Single Family
1,352
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1960
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38620, Courtland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,114 (75.5%) |
| Renter Occupied HU | 221 (15.0%) |
| Vacant Housing Units | 140 ( 9.5%) |
| Median Home Value | $183,140 |
| Average Home Value | $178,196 |
Housing Distribution
Address Breakdown
Residential
1,352
Single Family
1,352
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Clint Bolton • RE/Max Realty Group
Mls Name: NCMBR
Mls Provider:
Mls ID: #159682
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.