164 Belvedere AveWest PointMS39773
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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
Rental property for sale in West Point at 164 Belvedere Ave, West Point, MS, 39773 priced at $185,000 converts $1,586/mo rent into $454/mo cash flow after a $905/mo obligation. Total monthly income equals $1,586/mo, and annual cash flow totals $5,453/yr on $61,328 invested. Return on cash invested prints 28.8% in year one, and rental yield reads 10.29% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 150.47% and total cumulative return in cash sums $92,283. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,586/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39773, West Point, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,167 (100%) |
| Owner Occupied HU | 4,436 (61.9%) |
| Renter Occupied HU | 1,800 (25.1%) |
| Vacant Housing Units | 931 (13.0%) |
| Median Home Value | $128,292 |
| Average Home Value | $204,758 |
Housing Distribution
Address Breakdown
Residential
6,801
Single Family
6,463
Multi-Family
338
Businesses
719
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Listed by: COLE BRYAN • HOMETOWN REALTY
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-2555