2229 Highway 30 EBaldwynMS38824
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
Investment Highlights
Investment property for sale in Baldwyn at 2229 Highway 30 E, Baldwyn, MS, 38824 listed at $149,000 pairs $1,354/mo rent with a $729/mo payment to leave $442/mo cash flow. Total monthly income runs $1,354/mo, and annual cash flow reaches $5,310/yr on $49,394 cash to close. Return on cash invested measures 30.66% in year one, and rental yield registers 10.9% at a $149,000 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,166 by year five. Five-year ROI tracks 160.43% and total cumulative return in cash totals $79,240. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,354/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in N/A
1.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38824, Baldwyn, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,535 (100%) |
| Owner Occupied HU | 2,350 (66.5%) |
| Renter Occupied HU | 755 (21.4%) |
| Vacant Housing Units | 430 (12.2%) |
| Median Home Value | $140,030 |
| Average Home Value | $164,996 |
Housing Distribution
Address Breakdown
Residential
3,470
Single Family
3,403
Multi-Family
67
Businesses
226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandie Brown Thomas • SOUTHERN HILLS REALTY&APPRAISAL, INC.
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-2334
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.