2346 Busy Corner RdGlosterMS39638
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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 Gloster at 2346 Busy Corner Rd, Gloster, MS, 39638 earns from $264/mo rent with a $1,390/mo payment. Total monthly income totals $264/mo. ROI tracks 1.12% on current figures, and rental yield reads 1.12% at a $284,000 purchase. Equity gained on principal adds $1,833/yr, and 5% annual appreciation supports $78,464 over five years. Five-year ROI reaches 2.06% and total cumulative return in cash sums $1,937. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $264/mo property income instead of your personal income.
Manufactured
Built in 2006
45.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39638, Gloster, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,956 (100%) |
| Owner Occupied HU | 1,138 (58.2%) |
| Renter Occupied HU | 300 (15.3%) |
| Vacant Housing Units | 518 (26.5%) |
| Median Home Value | $101,955 |
| Average Home Value | $130,180 |
Housing Distribution
Address Breakdown
Residential
1,124
Single Family
1,104
Multi-Family
20
Businesses
86
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Listed by: Carol C Easley • Hometown Realty, Inc
Mls Name: MLS United
Mls ID: #4136723