224 S Main StPontotocMS38863
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 Pontotoc at 224 S Main St, Pontotoc, MS, 38863 with 5% annual appreciation on a $225,000 basis while $1,598/mo rent supports operations. Total monthly income totals $1,598/mo and a $1,101/mo payment preserves $221/mo for cash returns. Annual cash flow comes to $2,656/yr on $74,588 deployed, and return on cash invested reaches 23.47% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 8.52%. Five-year ROI measures 121.9% and total cumulative return in cash totals $90,921.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,598/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 6,242 (64.7%) |
| Renter Occupied HU | 2,126 (22.0%) |
| Vacant Housing Units | 1,287 (13.3%) |
| Median Home Value | $170,000 |
| Average Home Value | $209,586 |
Housing Distribution
Address Breakdown
Residential
9,055
Single Family
8,985
Multi-Family
70
Businesses
685
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PATTY TURK, ABR • Patty Turk Properties, LLC
Mls Name: NMMLS
Mls ID: #25-2881