23198 Wright RdSaucierMS39574
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 Saucier at 23198 Wright Rd, Saucier, MS, 39574 offers a 9.25% rental yield on a $110,000 purchase with $848/mo rent. Total monthly income registers $848/mo, and a $538/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,103/yr on $36,465 to close, and return on cash invested stands at 25.68% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 133.77% and total cumulative return in cash at $48,780. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $848/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39574, Saucier, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,898 (100%) |
| Owner Occupied HU | 4,802 (81.4%) |
| Renter Occupied HU | 673 (11.4%) |
| Vacant Housing Units | 423 ( 7.2%) |
| Median Home Value | $237,612 |
| Average Home Value | $264,506 |
Housing Distribution
Address Breakdown
Residential
5,525
Single Family
5,525
Multi-Family
0
Businesses
183
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Listed by: Alison K McGranahan • Century 21 J. Carter & Company
Mls Name: MLS United
Mls ID: #4090959
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.