2578 SW Highway 98SmithdaleMS39664
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Smithdale rental at 2578 SW Highway 98, Smithdale, MS, 39664 sits in the solid-income band: 8.64% gross yield, $1,937/mo rent, $291/mo net after the $1,210/mo debt service, DSCR 1.60. Entry price of $269,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $74,320 and $2,478/yr in principal reduction bring total cumulative return to $120,649.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $291 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,937 |
| Total Monthly Debt Service | $1,539 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
5.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39664, Smithdale, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,396 (100%) |
| Owner Occupied HU | 987 (70.7%) |
| Renter Occupied HU | 149 (10.7%) |
| Vacant Housing Units | 260 (18.6%) |
| Median Home Value | $157,717 |
| Average Home Value | $197,568 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,025
Multi-Family
0
Businesses
22
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
Single Family
Built in 1959
5.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39664, Smithdale, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,396 (100%) |
| Owner Occupied HU | 987 (70.7%) |
| Renter Occupied HU | 149 (10.7%) |
| Vacant Housing Units | 260 (18.6%) |
| Median Home Value | $157,717 |
| Average Home Value | $197,568 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,025
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sydney Wilson • Betsy Smith Properties
Mls Name: Southwest Mississippi BOR
Mls ID: #137979
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.