1950 North Is #309ByhaliaMS38611
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 Byhalia at 1950 North Is #309, Byhalia, MS, 38611 uses $78,897 cash to close to unlock $9,161/yr annual cash flow and $763/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,165/mo payment keeps the spread at $763/mo. Purchase price stands at $238,000, and rental yield measures 11.19% with $2,220/mo rent. Return on cash invested shows 31.52% in year one, and 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 165.05% and total cumulative return in cash records $130,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,165/mo payment rather than investor’s personal income.
Single Family
Built in 2007
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38611, Byhalia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,824 (100%) |
| Owner Occupied HU | 5,592 (71.5%) |
| Renter Occupied HU | 1,104 (14.1%) |
| Vacant Housing Units | 1,128 (14.4%) |
| Median Home Value | $237,625 |
| Average Home Value | $262,857 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
7,032
Multi-Family
89
Businesses
350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Gardner • Bill Sexton Realty
Mls Name: MLS United
Mls ID: #4111443
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.