224 Coats RdMount OliveMS39119
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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
Investment property for sale in Mount Olive at 224 Coats Rd, Mount Olive, MS, 39119 with 5% annual appreciation on a $450,000 basis while $2,004/mo rent supports operations. 87% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 5.34%. Five-year ROI measures 70.39% and total cumulative return in cash totals $105,006. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,004/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
40.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39119, Mount Olive, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,656 (69.4%) |
| Renter Occupied HU | 359 (15.1%) |
| Vacant Housing Units | 370 (15.5%) |
| Median Home Value | $119,605 |
| Average Home Value | $170,157 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,142
Multi-Family
45
Businesses
81
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Listed by: Jennifer Dilley • Triplett Realty Service
Mls Name: MLS United
Mls ID: #4092657
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.