216 Choctaw StNatchezMS39120
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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
Rental property for sale in Natchez at 216 Choctaw St, Natchez, MS, 39120 generates $1,044/mo in rent and, after a $680/mo payment, leaves $194/mo in cash flow. Total monthly income is $1,044/mo, and annual cash flow is $2,325/yr on $46,079 invested. Return on cash invested sits at 24.95% in year one, and rental yield is 9.01% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 129.84% and total cumulative return in cash sums $59,828. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,044/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
3,822 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39120, Natchez, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 8,965 (60.5%) |
| Renter Occupied HU | 3,669 (24.8%) |
| Vacant Housing Units | 2,188 (14.8%) |
| Median Home Value | $113,399 |
| Average Home Value | $184,808 |
Housing Distribution
Address Breakdown
Residential
13,672
Single Family
12,419
Multi-Family
1,253
Businesses
1,219
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Listed by: Sharon Sharp Williams • Bluff City Real Estate
Mls Name: Natchez BOR
Mls ID: #20240256
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.