208 S Ferrill AveQuitmanMS39355
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 Quitman at 208 S Ferrill Ave, Quitman, MS, 39355 with 5% annual appreciation on a $144,500 basis while $1,882/mo rent supports operations. Total monthly income totals $1,882/mo and a $707/mo payment preserves $998/mo for cash returns. Annual cash flow comes to $11,976/yr on $47,902 deployed, and return on cash invested reaches 44.91% in year one. Equity gained on principal adds $932/yr, and five-year appreciation sums $39,923 alongside rental yield of 15.63%. Five-year ROI measures 236.82% and total cumulative return in cash totals $113,443.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,882/mo property income versus a $707/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39355, Quitman, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,311 (100%) |
| Owner Occupied HU | 2,224 (67.2%) |
| Renter Occupied HU | 545 (16.5%) |
| Vacant Housing Units | 542 (16.4%) |
| Median Home Value | $124,740 |
| Average Home Value | $166,029 |
Housing Distribution
Address Breakdown
Residential
2,867
Single Family
2,833
Multi-Family
34
Businesses
276
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tiffany Dolleen Kidd • Crossroads Realty
Mls Name: East Mississippi REALTORS
Mls ID: #25-637