206 County Road 109ShannonMS38868
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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 Shannon at 206 County Road 109, Shannon, MS, 38868 offers a 9.26% rental yield on a $135,000 purchase with $1,042/mo rent. Total monthly income registers $1,042/mo, and a $661/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,587/yr on $44,753 to close, and return on cash invested stands at 25.69% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 133.78% and total cumulative return in cash at $59,869. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,042/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38868, Shannon, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,337 (100%) |
| Owner Occupied HU | 1,669 (71.4%) |
| Renter Occupied HU | 412 (17.6%) |
| Vacant Housing Units | 256 (11.0%) |
| Median Home Value | $169,179 |
| Average Home Value | $217,689 |
Housing Distribution
Address Breakdown
Residential
1,934
Single Family
1,934
Multi-Family
0
Businesses
122
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Listed by: N/A • N/A
Mls Name: Xome
Mls ID: #N/A