245 W Progress RdPrentissMS39474








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
Rental property for sale in Prentiss at 245 W Progress Rd, Prentiss, MS, 39474 offers $946/mo rent that, after a $514/mo payment, leaves $300/mo cash flow. Total monthly income is $946/mo, and annual cash flow is $3,604/yr on $34,808 cash. Return on cash invested measures 30.26% in year one, and rental yield stands at 10.81% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 158.42% and total cumulative return in cash reaches $55,142. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $946/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39474, Prentiss, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,689 (100%) |
| Owner Occupied HU | 1,891 (70.3%) |
| Renter Occupied HU | 422 (15.7%) |
| Vacant Housing Units | 376 (14.0%) |
| Median Home Value | $104,816 |
| Average Home Value | $152,831 |
Housing Distribution
Address Breakdown
Residential
2,160
Single Family
2,160
Multi-Family
0
Businesses
157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Case-Lee M Newell • Bay City Investment LLC DBA Exit Bay Realty
Mls Name: MLS United
Mls ID: #4093922
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.








