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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 1905 W Highway 32, Gunnison, MS, 38746 generates $785/mo in rent and, after a $489/mo payment, leaves $174/mo in cash flow. Total monthly income is $785/mo, and annual cash flow is $2,082/yr on $33,150 invested. Return on cash invested sits at 26.19% in year one, and rental yield is 9.42% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 136.48% and total cumulative return in cash sums $45,244. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $785/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
3.70 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 | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
No similar price properties found nearby.
Listed by: Libbi Logan • Partnership Properties
Mls Name: Mid Delta Data Sharing Network
Mls ID: #104207
