1889 Gore Springs Rd, Gore Springs, MS, 38929 | $45/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1889 Gore Springs Rd, Gore Springs, MS, 38929 | $45/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Gore Springs at 1889 Gore Springs Rd, Gore Springs, MS, 38929 earns $45/mo cash flow from $1,973/mo rent with a $1,542/mo payment. Total monthly income totals $1,973/mo, and annual cash flow totals $541/yr on $104,423 capital. ROI tracks 20.43% on current figures, and rental yield reads 7.52% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 105.58% and total cumulative return in cash sums $110,249. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,973/mo property income instead of your personal income.

Single Family

Built in 2021

6 Acres lot

$N/A/sqft

No HOA

More details about the property

Built in 2021 and set on 6 private acres, this beautiful 3 bedroom 2 bath home offers modern comfort in a peaceful country setting. With 1,669 square feet of living space, this open and split floor plan feels bright, functional, and inviting. The kitchen features granite countertops, stainless steel appliances, a spacious pantry, and plenty of cabinet storage, flowing seamlessly into the living and dining areas. The private primary suite includes a walk in closet, double vanities, a walk in tile shower, and a relaxing soaker tub. Secondary bedrooms are generously sized and positioned on the opposite side of the home for added privacy. Additional features include a tankless water heater, high speed internet, a treatment plant, and a garage that is wired for an electric door. The laundry room offers plenty of cabinet space for extra storage. Step outside to a covered back patio overlooking your private wooded acreage, perfect for gatherings, quiet mornings, or enjoying nature. The property also includes a 20 by 30 pole barn, ideal for equipment, ATVs, or outdoor hobbies. Located outside city limits, this home provides the space and privacy many buyers are looking for.

Neighborhood Data

Neighborhood data shown for ZIP Code: 38929, Gore Springs, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	684 (100%)
Owner Occupied HU	458 (67.0%)
Renter Occupied HU	95 (13.9%)
Vacant Housing Units	131 (19.2%)
Median Home Value	$131,429
Average Home Value	$166,512