227 1st St SWMageeMS39111
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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 Magee at 227 1st St SW, Magee, MS, 39111 offers a 9.62% rental yield on a $184,500 purchase with $1,479/mo rent. Total monthly income registers $1,479/mo, and a $903/mo payment leaves $350/mo available for distribution. Annual cash flow reaches $4,200/yr on $61,162 to close, and return on cash invested stands at 26.78% in year one. Equity gained on principal adds $1,191/yr while 5% annual appreciation supports $50,974 over five years. Portfolio math shows five-year ROI at 139.56% and total cumulative return in cash at $85,358. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,479/mo property income against a $903/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39111, Magee, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 2,485 (60.9%) |
| Renter Occupied HU | 996 (24.4%) |
| Vacant Housing Units | 600 (14.7%) |
| Median Home Value | $155,105 |
| Average Home Value | $163,878 |
Housing Distribution
Address Breakdown
Residential
3,972
Single Family
3,650
Multi-Family
322
Businesses
586
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Listed by: Sandra Tenner • America's Realty- Universal
Mls Name: MLS United
Mls ID: #4131043