210 County Road 279Bay SpringsMS39422
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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 Bay Springs at 210 County Road 279, Bay Springs, MS, 39422 offers a 9.41% rental yield on a $107,900 purchase with $846/mo rent. Total monthly income registers $846/mo, and a $528/mo payment leaves $186/mo available for distribution. Annual cash flow reaches $2,230/yr on $35,769 to close, and return on cash invested stands at 26.14% in year one. Equity gained on principal adds $696/yr while 5% annual appreciation supports $29,811 over five years. Portfolio math shows five-year ROI at 136.21% and total cumulative return in cash at $48,720. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $846/mo property income against a $528/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39422, Bay Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,370 (100%) |
| Owner Occupied HU | 1,663 (70.2%) |
| Renter Occupied HU | 378 (15.9%) |
| Vacant Housing Units | 329 (13.9%) |
| Median Home Value | $121,649 |
| Average Home Value | $159,784 |
Housing Distribution
Address Breakdown
Residential
1,755
Single Family
1,706
Multi-Family
49
Businesses
192
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Listed by: Melissa Johnson • Epique Realty
Mls Name: HSMLS
Mls Provider:
Mls ID: #140695
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.