2015 Bell RdCourtlandMS38620
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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 Courtland at 2015 Bell Rd, Courtland, MS, 38620 generates $1,492/mo in rent and, after a $950/mo payment, leaves $304/mo in cash flow. Total monthly income is $1,492/mo, and annual cash flow is $3,652/yr on $64,311 invested. Return on cash invested sits at 25.59% in year one, and rental yield is 9.23% on a $194,000 entry. Equity gained on principal adds $1,252/yr, while 5% annual appreciation builds toward $53,599 over five years. Five-year ROI reaches 133.24% and total cumulative return in cash sums $85,688. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,492/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38620, Courtland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,114 (75.5%) |
| Renter Occupied HU | 221 (15.0%) |
| Vacant Housing Units | 140 ( 9.5%) |
| Median Home Value | $183,140 |
| Average Home Value | $178,196 |
Housing Distribution
Address Breakdown
Residential
1,352
Single Family
1,352
Multi-Family
0
Businesses
18
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Listed by: Whit Tidwell • Batesville Realty
Mls Name: NCMBR
Mls ID: #162066