23110 Highway 35 NBatesvilleMS38606
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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 Batesville at 23110 Highway 35 N, Batesville, MS, 38606 generates $1,112/mo in rent and, after a $504/mo payment, leaves $482/mo in cash flow. Total monthly income is $1,112/mo, and annual cash flow is $5,783/yr on $34,126 invested. Return on cash invested sits at 36.85% in year one, and rental yield is 12.96% on a $102,943 entry. Equity gained on principal adds $664/yr, while 5% annual appreciation builds toward $28,441 over five years. Five-year ROI reaches 193.63% and total cumulative return in cash sums $66,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,112/mo property income rather than buyer’s personal income.
Multi Family
Built in 1973
5.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38606, Batesville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 4,351 (67.3%) |
| Renter Occupied HU | 1,419 (21.9%) |
| Vacant Housing Units | 697 (10.8%) |
| Median Home Value | $178,967 |
| Average Home Value | $221,565 |
Housing Distribution
Address Breakdown
Residential
6,257
Single Family
5,958
Multi-Family
299
Businesses
830
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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