2 Summerfield PlNatchezMS39120
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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
Rental property for sale in Natchez at 2 Summerfield Pl, Natchez, MS, 39120 generates $3,450/mo in rent and, after a $1,757/mo payment, leaves $1,253/mo in cash flow. Total monthly income is $3,450/mo, and annual cash flow is $15,039/yr on $119,009 invested. Return on cash invested sits at 32.55% in year one, and rental yield is 11.53% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 170.55% and total cumulative return in cash sums $202,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,450/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39120, Natchez, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 8,965 (60.5%) |
| Renter Occupied HU | 3,669 (24.8%) |
| Vacant Housing Units | 2,188 (14.8%) |
| Median Home Value | $113,399 |
| Average Home Value | $184,808 |
Housing Distribution
Address Breakdown
Residential
13,672
Single Family
12,419
Multi-Family
1,253
Businesses
1,219
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Listed by: Sandra Ellard • Bluff City Real Estate
Mls Name: MLS United
Mls ID: #4102147
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.