18 Seago StBelmontMS38827
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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 Belmont at 18 Seago St, Belmont, MS, 38827 uses $40,509 cash to close to unlock $8,896/yr annual cash flow and $741/mo monthly cash flow. Total monthly income runs $1,489/mo, and a $598/mo payment keeps the spread at $741/mo. Purchase price stands at $122,200, and rental yield measures 14.62% with $1,489/mo rent. Return on cash invested shows 41.87% in year one, and 5% annual appreciation builds toward $33,762 over five years. Five-year ROI reaches 220.61% and total cumulative return in cash records $89,366. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,489/mo property income covering a $598/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38827, Belmont, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 811 (60.6%) |
| Renter Occupied HU | 277 (20.7%) |
| Vacant Housing Units | 250 (18.7%) |
| Median Home Value | $173,825 |
| Average Home Value | $195,697 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
978
Multi-Family
31
Businesses
116
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Listed by: N/A • N/A
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