1636 Highway 583 NJayessMS39641
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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 Jayess at 1636 Highway 583 N, Jayess, MS, 39641 uses $47,073 cash to close to unlock $3,529/yr annual cash flow and $294/mo monthly cash flow. Total monthly income runs $1,163/mo, and a $695/mo payment keeps the spread at $294/mo. Purchase price stands at $142,000, and rental yield measures 9.83% with $1,163/mo rent. Return on cash invested shows 27.4% in year one, and 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 143.07% and total cumulative return in cash records $67,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,163/mo property income covering a $695/mo payment rather than investor’s personal income.
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39641, Jayess, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 1,467 (71.7%) |
| Renter Occupied HU | 173 ( 8.5%) |
| Vacant Housing Units | 407 (19.9%) |
| Median Home Value | $120,269 |
| Average Home Value | $181,416 |
Housing Distribution
Address Breakdown
Residential
1,933
Single Family
1,933
Multi-Family
0
Businesses
53
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Listed by: Ralph Harvey • ListWithFreedom.com
Mls Name: HSMLS
Mls ID: #145661