201 Silver StOkolonaMS38860
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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 Okolona at 201 Silver St, Okolona, MS, 38860 priced at $109,600 converts $1,036/mo rent into $366/mo cash flow after a $536/mo obligation. Total monthly income equals $1,036/mo, and annual cash flow totals $4,389/yr on $36,332 invested. Return on cash invested prints 31.99% in year one, and rental yield reads 11.34% against a $109,600 entry. Equity gained on principal adds $707/yr, while 5% annual appreciation compiles into $30,280 by year five. Five-year ROI reaches 167.57% and total cumulative return in cash sums $60,882. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,036/mo property income covering a $536/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38860, Okolona, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,740 (100%) |
| Owner Occupied HU | 1,710 (62.4%) |
| Renter Occupied HU | 625 (22.8%) |
| Vacant Housing Units | 405 (14.8%) |
| Median Home Value | $110,762 |
| Average Home Value | $145,300 |
Housing Distribution
Address Breakdown
Residential
2,417
Single Family
2,310
Multi-Family
107
Businesses
161
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Listed by: N/A • N/A
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