205 David Sherman RdNewhebronMS39140
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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 Newhebron at 205 David Sherman Rd, Newhebron, MS, 39140 uses $105,749 cash to close to unlock $11,871/yr annual cash flow and $989/mo monthly cash flow. Total monthly income runs $2,941/mo, and a $1,561/mo payment keeps the spread at $989/mo. Purchase price stands at $319,000, and rental yield measures 11.06% with $2,941/mo rent. Return on cash invested shows 31.13% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 162.98% and total cumulative return in cash records $172,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,941/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 1990
3.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39140, Newhebron, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,014 (100%) |
| Owner Occupied HU | 693 (68.3%) |
| Renter Occupied HU | 132 (13.0%) |
| Vacant Housing Units | 189 (18.6%) |
| Median Home Value | $106,101 |
| Average Home Value | $158,207 |
Housing Distribution
Address Breakdown
Residential
924
Single Family
924
Multi-Family
0
Businesses
50
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Listed by: Mark Metcalf • eXp Realty
Mls Name: MLS United
Mls ID: #4099891
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.