1886 Bankhead HwyHickory FlatMS38633
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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 Hickory Flat at 1886 Bankhead Hwy, Hickory Flat, MS, 38633 listed at $285,000 pairs $2,022/mo rent with a $1,395/mo payment to leave $278/mo cash flow. Total monthly income runs $2,022/mo, and annual cash flow reaches $3,334/yr on $94,478 cash to close. Return on cash invested measures 23.44% in year one, and rental yield registers 8.51% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 121.67% and total cumulative return in cash totals $114,954. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,022/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38633, Hickory Flat, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 673 (58.2%) |
| Renter Occupied HU | 203 (17.5%) |
| Vacant Housing Units | 281 (24.3%) |
| Median Home Value | $116,634 |
| Average Home Value | $138,659 |
Housing Distribution
Address Breakdown
Residential
976
Single Family
976
Multi-Family
0
Businesses
38
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Nearby investment properties with comparable prices
Listed by: Robert Cagle • Rachel Ray Real Estate LLC
Mls Name: NMMLS
Mls ID: #25-3633