202 McClamroch DrBoonevilleMS38829
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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 Booneville at 202 McClamroch Dr, Booneville, MS, 38829 generates $1,003/mo in rent and, after a $612/mo payment, leaves $238/mo in cash flow. Total monthly income is $1,003/mo, and annual cash flow is $2,855/yr on $41,438 invested. Return on cash invested sits at 26.8% in year one, and rental yield is 9.63% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 139.68% and total cumulative return in cash sums $57,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,003/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38829, Booneville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,842 (100%) |
| Owner Occupied HU | 5,243 (66.9%) |
| Renter Occupied HU | 1,709 (21.8%) |
| Vacant Housing Units | 890 (11.3%) |
| Median Home Value | $129,194 |
| Average Home Value | $174,369 |
Housing Distribution
Address Breakdown
Residential
7,353
Single Family
7,261
Multi-Family
92
Businesses
682
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Listed by: Joyce Pearson • Compass Realty Group
Mls Name: United Country
Mls ID: #23003-254166