1949 Moore RdRed BanksMS38661
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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 Red Banks at 1949 Moore Rd, Red Banks, MS, 38661 uses $91,163 cash to close to unlock $3,542/yr annual cash flow and $295/mo monthly cash flow. Total monthly income runs $1,992/mo, and a $1,346/mo payment keeps the spread at $295/mo. Purchase price stands at $275,000, and rental yield measures 8.69% with $1,992/mo rent. Return on cash invested shows 23.79% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 123.71% and total cumulative return in cash records $112,775. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,992/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2011
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38661, Red Banks, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 823 (100%) |
| Owner Occupied HU | 635 (77.2%) |
| Renter Occupied HU | 88 (10.7%) |
| Vacant Housing Units | 100 (12.2%) |
| Median Home Value | $236,983 |
| Average Home Value | $273,189 |
Housing Distribution
Address Breakdown
Residential
815
Single Family
815
Multi-Family
0
Businesses
27
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Listed by: Quintavius Burdette • Re/Max Experts
Mls Name: MLS United
Mls ID: #4118526
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.