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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Gunnison at 1903 Highway 32, Gunnison, MS, 38746 generates $1,778/mo in rent and, after a $1,297/mo payment, leaves $145/mo in cash flow. Total monthly income is $1,778/mo, and annual cash flow is $1,744/yr on $87,848 invested. Return on cash invested sits at 21.89% in year one, and rental yield is 8.05% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 113.48% and total cumulative return in cash sums $99,687. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,778/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
4.80 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38746, Gunnison, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 214 (100%) |
| Owner Occupied HU | 124 (57.9%) |
| Renter Occupied HU | 53 (24.8%) |
| Vacant Housing Units | 37 (17.3%) |
| Median Home Value | $100,000 |
| Average Home Value | $134,657 |
Residential
62
Single Family
62
Multi-Family
0
Businesses
2
Date | Event | Price |
|---|---|---|
| 2024-12-19 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-28 | $1908.59 | 2.41% | $19,574 | N/A |
| 2022-01-28 | $1863.76 | 8.50% | $19,574 | 6.29% |
| 2021-01-28 | $1717.73 | -0.69% | $18,416 | N/A |
Listed by: Libbi Logan • Partnership Properties
Mls Name: Mid Delta Data Sharing Network
Mls ID: #104206
