165 Shoemake RdOvettMS39464








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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


Investment Highlights
Investment property for sale in Ovett at 165 Shoemake Rd, Ovett, MS, 39464 listed at $245,000 pairs $2,293/mo rent with a $1,199/mo payment to leave $794/mo cash flow. Total monthly income runs $2,293/mo, and annual cash flow reaches $9,527/yr on $81,218 cash to close. Return on cash invested measures 31.64% in year one, and rental yield registers 11.23% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 165.63% and total cumulative return in cash totals $134,520. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,293/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
5 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Kayanna Smith • Southern Realty& Appraisal
Mls Name: LBOR
Mls ID: #36334
Disclaimer: Copyright Laurel Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.








