212 Saint Horace StState LineMS39362
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 212 Saint Horace St, State Line, MS, 39362 in State Line is listed at $164,900 and delivers $1,318/mo in rent and $309/mo in net monthly cash flow. The 9.59% yield and 1.78 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $45,559 over five years, and $1,519/yr in principal reduction supplements cash return. Total projected cumulative return: $82,373.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $309 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,318 |
| Total Monthly Debt Service | $943 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39362, State Line, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 891 (72.9%) |
| Renter Occupied HU | 117 ( 9.6%) |
| Vacant Housing Units | 215 (17.6%) |
| Median Home Value | $80,373 |
| Average Home Value | $106,585 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
1,007
Multi-Family
0
Businesses
36
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
Single Family
Built in 1959
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39362, State Line, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 891 (72.9%) |
| Renter Occupied HU | 117 ( 9.6%) |
| Vacant Housing Units | 215 (17.6%) |
| Median Home Value | $80,373 |
| Average Home Value | $106,585 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
1,007
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aritt Davis • Real Broker, LLC.
Mls Name: MLS United
Mls ID: #4137807
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.