1699 Baisley Dr #99NesbitMS38651
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
Investment Highlights
Investment property for sale in Nesbit at 1699 Baisley Dr #99, Nesbit, MS, 38651 offers a 8.48% rental yield on a $553,500 purchase with $3,912/mo rent. Total monthly income registers $3,912/mo, and a $2,709/mo payment leaves $491/mo available for distribution. Annual cash flow reaches $5,895/yr on $182,102 to close, and return on cash invested stands at 23.3% in year one. Equity gained on principal adds $3,572/yr while 5% annual appreciation supports $152,922 over five years. Portfolio math shows five-year ROI at 120.98% and total cumulative return in cash at $220,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,912/mo property income against a $2,709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
$405 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larry Webb • Dream Maker Realty
Mls Name: MLS United
Mls ID: #4076002
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.