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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% |
Rental property for sale in Pontotoc at 280 S Main St, Pontotoc, MS, 38863 priced at $345,000 converts $2,036/mo rent into after a $1,689/mo obligation. Total monthly income equals $2,036/mo. Return on cash invested prints 19.12% in year one, and rental yield reads 7.08% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 98.51% and total cumulative return in cash sums $112,660. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,036/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in N/A
3.71 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 |
|---|---|---|
| 2025-03-24 | Listed for sale | $345,000 |
| 2024-05-01 | Sold | N/A |
| 2024-02-10 | Price change | $319,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-02 | $1558.01 | 13.07% | $14,568 | 10.95% |
| 2022-04-02 | $1377.88 | -46.38% | $13,130 | -33.07% |
| 2021-04-02 | $2569.57 | 92.98% | $19,618 | 49.19% |
Listed by: Beth Walker • Crye-Leike Realtors
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1010
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.
