20 Butler LnCollinsMS39428
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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 Collins at 20 Butler Ln, Collins, MS, 39428 priced at $699,000 converts $1,654/mo rent into after a $3,421/mo obligation. Total monthly income equals $1,654/mo. Return on cash invested prints 6.37% in year one, and rental yield reads 2.84% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 30.12% and total cumulative return in cash sums $69,278. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,654/mo property income covering a $3,421/mo payment, not borrower’s personal income.
Single Family
Built in 1974
81.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39428, Collins, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,056 (100%) |
| Owner Occupied HU | 2,856 (70.4%) |
| Renter Occupied HU | 704 (17.4%) |
| Vacant Housing Units | 496 (12.2%) |
| Median Home Value | $89,755 |
| Average Home Value | $140,447 |
Housing Distribution
Address Breakdown
Residential
3,436
Single Family
3,283
Multi-Family
153
Businesses
359
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Listed by: Richard N Goddard • Ferge Auction & Realty, LLC
Mls Name: MAAR
Mls ID: #10187954