208 Wells StNewhebronMS39140
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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 208 Wells St, Newhebron, MS, 39140 earns $541/mo cash flow from $2,345/mo rent with a $1,443/mo payment. Total monthly income totals $2,345/mo, and annual cash flow totals $6,489/yr on $97,759 capital. ROI tracks 26.55% on current figures, and rental yield reads 9.54% at a $294,900 purchase. Equity gained on principal adds $1,903/yr, and 5% annual appreciation supports $81,475 over five years. Five-year ROI reaches 138.35% and total cumulative return in cash sums $135,247. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,345/mo property income instead of your personal income.
Single Family
Built in 1968
4.98 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: Jay Walker • Exit Realty Legacy Group
Mls Name: MLS United
Mls ID: #4092932
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.