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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Houston at 218 Jamison St, Houston, MS, 38851 offers a 8.1% rental yield on a $167,000 purchase with $1,127/mo rent. Total monthly income registers $1,127/mo, and a $817/mo payment leaves $105/mo available for distribution. Annual cash flow reaches $1,265/yr on $55,361 to close, and return on cash invested stands at 22.19% in year one. Equity gained on principal adds $1,078/yr while 5% annual appreciation supports $46,139 over five years. Portfolio math shows five-year ROI at 115.04% and total cumulative return in cash at $63,687. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,127/mo property income against a $817/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1931
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38851, Houston, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,872 (100%) |
| Owner Occupied HU | 2,601 (67.2%) |
| Renter Occupied HU | 839 (21.7%) |
| Vacant Housing Units | 432 (11.2%) |
| Median Home Value | $115,228 |
| Average Home Value | $160,800 |
Residential
3,611
Single Family
3,537
Multi-Family
74
Businesses
466
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Listed for sale | $167,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-28 | $551.99 | -1.10% | $6,333 | -0.75% |
| 2022-01-28 | $558.13 | -1.11% | $6,381 | -0.76% |
| 2021-01-28 | $564.40 | 72.66% | $6,430 | N/A |
Listed by: Andy Wright • Agner & Associates
Mls Name: MLS United
Mls ID: #4101663
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
