1953 Vickers Double Spring Church RdManteeMS39751
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
Rental property for sale in Mantee at 1953 Vickers Double Spring Church Rd, Mantee, MS, 39751 priced at $487,500 converts $4,003/mo rent into $1,020/mo cash flow after a $2,386/mo obligation. Total monthly income equals $4,003/mo, and annual cash flow totals $12,238/yr on $161,606 invested. Return on cash invested prints 27.48% in year one, and rental yield reads 9.85% against a $487,500 entry. Equity gained on principal adds $3,146/yr, while 5% annual appreciation compiles into $134,687 by year five. Five-year ROI reaches 143.35% and total cumulative return in cash sums $231,667. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,003/mo property income covering a $2,386/mo payment, not borrower’s personal income.
Single Family
Built in 2001
4.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39751, Mantee, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 509 (70.4%) |
| Renter Occupied HU | 74 (10.2%) |
| Vacant Housing Units | 140 (19.4%) |
| Median Home Value | $117,955 |
| Average Home Value | $185,953 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
591
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Vaughn • TENHET REAL ESTATE
Mls Name: Greater Golden Triangle Realtors
Mls ID: #24-2097
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.