196 Nonconnah DrByhaliaMS38611
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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 Byhalia at 196 Nonconnah Dr, Byhalia, MS, 38611 at $309,000 posts ROI 19.69% with from $1,872/mo rent. Total monthly income equals $1,872/mo. Return on cash invested measures 19.69% and rental yield reads 7.27% at the current $309,000. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 by year five. Five-year ROI prints 101.61% and total cumulative return in cash totals $104,081. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,872/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
1.50 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
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Listed by: Erika G Grantham • Crye-Leike Of MS-OB
Mls Name: MLS United
Mls ID: #4119664
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.