188 Abbott DrFultonMS38843
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 Fulton at 188 Abbott Dr, Fulton, MS, 38843 uses $48,797 cash to close to unlock $4,450/yr annual cash flow and $371/mo monthly cash flow. Total monthly income runs $1,310/mo, and a $720/mo payment keeps the spread at $371/mo. Purchase price stands at $147,200, and rental yield measures 10.68% with $1,310/mo rent. Return on cash invested shows 29.03% in year one, and 5% annual appreciation builds toward $40,669 over five years. Five-year ROI reaches 151.98% and total cumulative return in cash records $74,163. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,310/mo property income covering a $720/mo payment rather than investor’s personal income.
Single Family
Built in 1982
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38843, Fulton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 3,498 (66.0%) |
| Renter Occupied HU | 1,055 (19.9%) |
| Vacant Housing Units | 750 (14.1%) |
| Median Home Value | $140,759 |
| Average Home Value | $244,895 |
Housing Distribution
Address Breakdown
Residential
4,761
Single Family
4,699
Multi-Family
62
Businesses
438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A