2021 Horseshoe BndPontotocMS38863
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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
Investment property for sale in Pontotoc at 2021 Horseshoe Bnd, Pontotoc, MS, 38863 earns $467/mo cash flow from $2,722/mo rent with a $1,804/mo payment. Total monthly income totals $2,722/mo, and annual cash flow totals $5,598/yr on $122,174 capital. ROI tracks 24.49% on current figures, and rental yield reads 8.86% at a $368,550 purchase. Equity gained on principal adds $2,378/yr, and 5% annual appreciation supports $101,824 over five years. Five-year ROI reaches 127.34% and total cumulative return in cash sums $155,574. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,722/mo property income instead of your personal income.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 6,242 (64.7%) |
| Renter Occupied HU | 2,126 (22.0%) |
| Vacant Housing Units | 1,287 (13.3%) |
| Median Home Value | $170,000 |
| Average Home Value | $209,586 |
Housing Distribution
Address Breakdown
Residential
9,055
Single Family
8,985
Multi-Family
70
Businesses
685
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Listed by: Diana Young • Wesley Webb Real Estate
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-249
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.