194 Lana StPontotocMS38863
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pontotoc at 194 Lana St, Pontotoc, MS, 38863 uses $59,637 cash to close to unlock $6,308/yr annual cash flow and $526/mo monthly cash flow. Total monthly income runs $1,627/mo, and a $881/mo payment keeps the spread at $526/mo. Purchase price stands at $179,900, and rental yield measures 10.85% with $1,627/mo rent. Return on cash invested shows 30.49% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 159.5% and total cumulative return in cash records $95,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,627/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 6,242 (64.7%) |
| Renter Occupied HU | 2,126 (22.0%) |
| Vacant Housing Units | 1,287 (13.3%) |
| Median Home Value | $170,000 |
| Average Home Value | $209,586 |
Housing Distribution
Address Breakdown
Residential
9,055
Single Family
8,985
Multi-Family
70
Businesses
685
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andy&christa Estes • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-764
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.