273 Highway 4DennisMS38838
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
Investment property for sale in Dennis at 273 Highway 4, Dennis, MS, 38838 uses $56,024 cash to close to unlock $3,624/yr annual cash flow and $302/mo monthly cash flow. Total monthly income runs $1,336/mo, and a $827/mo payment keeps the spread at $302/mo. Purchase price stands at $169,000, and rental yield measures 9.49% with $1,336/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 137.42% and total cumulative return in cash records $76,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,336/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38838, Dennis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 752 (100%) |
| Owner Occupied HU | 497 (66.1%) |
| Renter Occupied HU | 91 (12.1%) |
| Vacant Housing Units | 164 (21.8%) |
| Median Home Value | $155,452 |
| Average Home Value | $174,598 |
Housing Distribution
Address Breakdown
Residential
640
Single Family
640
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Derrick D Tapp • Tapp Realty, LLC
Mls Name: MAAR
Mls ID: #10199128