204 Oak Grove DrByhaliaMS38611
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Byhalia at 204 Oak Grove Dr, Byhalia, MS, 38611 at $345,000 posts ROI 23.32% with $325/mo cash flow from $2,447/mo rent. Total monthly income equals $2,447/mo, and annual cash flow records $3,899/yr on $114,368 to close. Return on cash invested measures 23.32% and rental yield reads 8.51% at the current $345,000. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 by year five. Five-year ROI prints 121.07% and total cumulative return in cash totals $138,460.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,447/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
1.90 Acres lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38611, Byhalia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,824 (100%) |
| Owner Occupied HU | 5,592 (71.5%) |
| Renter Occupied HU | 1,104 (14.1%) |
| Vacant Housing Units | 1,128 (14.4%) |
| Median Home Value | $237,625 |
| Average Home Value | $262,857 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
7,032
Multi-Family
89
Businesses
350
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Listed by: Terri Porter • The Porter Group
Mls Name: MLS United
Mls ID: #4097758
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.