1889 Gore Springs RdGore SpringsMS38929
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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 Gore Springs at 1889 Gore Springs Rd, Gore Springs, MS, 38929 earns $320/mo cash flow from $2,248/mo rent with a $1,542/mo payment. Total monthly income totals $2,248/mo, and annual cash flow totals $3,841/yr on $104,423 capital. ROI tracks 23.59% on current figures, and rental yield reads 8.56% 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 122.52% and total cumulative return in cash sums $127,937. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,248/mo property income instead of your personal income.
Single Family
Built in 2021
6 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
655
Single Family
655
Multi-Family
0
Businesses
23
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Listed by: Paisley A Trusty • Turn Key Realty Group LLC
Mls Name: MLS United
Mls ID: #4133593