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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Pontotoc at 1644 Oak Forest Rd, Pontotoc, MS, 38863 priced at $210,000 converts $1,670/mo rent into $385/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,670/mo, and annual cash flow totals $4,617/yr on $69,615 invested. Return on cash invested prints 26.54% in year one, and rental yield reads 9.54% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 138.32% and total cumulative return in cash sums $96,292. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,670/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in N/A
39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 6,242 (64.7%) |
| Renter Occupied HU | 2,126 (22.0%) |
| Vacant Housing Units | 1,287 (13.3%) |
| Median Home Value | $170,000 |
| Average Home Value | $209,586 |
Residential
9,055
Single Family
8,985
Multi-Family
70
Businesses
685
Date | Event | Price |
|---|---|---|
| 2024-09-24 | Price change | $210,000 |
| 2024-06-07 | Price change | $220,000 |
| 2024-04-26 | Price change | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Wendy Ainsworth • ELITE REALTY
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-204
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.
