2450 Huckleberry LnBaileyMS39320
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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 Bailey at 2450 Huckleberry Ln, Bailey, MS, 39320 uses $34,808 cash to close to unlock $1,978/yr annual cash flow and $165/mo monthly cash flow. Total monthly income runs $824/mo, and a $514/mo payment keeps the spread at $165/mo. Purchase price stands at $105,000, and rental yield measures 9.42% with $824/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 133.49% and total cumulative return in cash records $46,466. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $824/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39320, Bailey, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 765 (100%) |
| Owner Occupied HU | 579 (75.7%) |
| Renter Occupied HU | 86 (11.2%) |
| Vacant Housing Units | 100 (13.1%) |
| Median Home Value | $220,833 |
| Average Home Value | $297,638 |
Housing Distribution
Address Breakdown
Residential
712
Single Family
712
Multi-Family
0
Businesses
33
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Listed by: SHARON D. POMPELIA • WINSTEAD REALTY
Mls Name: East Mississippi REALTORS
Mls Provider:
Mls ID: #25-674
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.