2385 Mowdy RdWalnut GroveMS39189
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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 Walnut Grove at 2385 Mowdy Rd, Walnut Grove, MS, 39189 uses $49,394 cash to close to unlock $1,302/yr annual cash flow and $108/mo monthly cash flow. Total monthly income runs $1,020/mo, and a $729/mo payment keeps the spread at $108/mo. Purchase price stands at $149,000, and rental yield measures 8.21% with $1,020/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 116.94% and total cumulative return in cash records $57,760. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39189, Walnut Grove, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 1,065 (68.9%) |
| Renter Occupied HU | 320 (20.7%) |
| Vacant Housing Units | 160 (10.4%) |
| Median Home Value | $125,647 |
| Average Home Value | $159,493 |
Housing Distribution
Address Breakdown
Residential
1,360
Single Family
1,314
Multi-Family
46
Businesses
50
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Listed by: Wes Jelen • McCool Thorpe Real Estate
Mls Name: My State MLS
Mls ID: #11504978