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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Pontotoc at 245 Hickory Ln, Pontotoc, MS, 38863 listed at $330,000 pairs $2,855/mo rent with a $1,615/mo payment to leave $836/mo cash flow. Total monthly income runs $2,855/mo, and annual cash flow reaches $10,029/yr on $109,395 cash to close. Return on cash invested measures 29.08% in year one, and rental yield registers 10.38% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 151.9% and total cumulative return in cash totals $166,175. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,855/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2.77 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 6,242 (64.7%) |
| Renter Occupied HU | 2,126 (22.0%) |
| Vacant Housing Units | 1,287 (13.3%) |
| Median Home Value | $170,000 |
| Average Home Value | $209,586 |
Residential
9,055
Single Family
8,985
Multi-Family
70
Businesses
685
Date | Event | Price |
|---|---|---|
| 2025-08-26 | Listed for sale | $330,000 |
| 2024-06-27 | Sold | N/A |
| 2024-05-17 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-29 | $1739.97 | N/A | $15,956 | N/A |
| 2023-08-29 | $1739.97 | 14.05% | $15,956 | 11.74% |
| 2022-08-29 | $1525.57 | N/A | $14,279 | N/A |
Listed by: Dennis Cox • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-3013
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
