2215 Plum Point RdPopeMS38658
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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 Pope at 2215 Plum Point Rd, Pope, MS, 38658 generates $1,835/mo in rent and, after a $1,346/mo payment, leaves $152/mo in cash flow. Total monthly income is $1,835/mo, and annual cash flow is $1,826/yr on $91,163 invested. Return on cash invested sits at 21.91% in year one, and rental yield is 8.01% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 113.53% and total cumulative return in cash sums $103,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,835/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38658, Pope, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,097 (100%) |
| Owner Occupied HU | 778 (70.9%) |
| Renter Occupied HU | 153 (13.9%) |
| Vacant Housing Units | 166 (15.1%) |
| Median Home Value | $143,015 |
| Average Home Value | $147,606 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,036
Multi-Family
1
Businesses
46
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Listed by: Ed Engelke • United Real Estate Mid-South
Mls Name: MLS United
Mls ID: #4131622