2800 Summit Dr SWBogue ChittoMS39629
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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 Bogue Chitto at 2800 Summit Dr SW, Bogue Chitto, MS, 39629 earns $409/mo cash flow from $1,627/mo rent with a $974/mo payment. Total monthly income totals $1,627/mo, and annual cash flow totals $4,911/yr on $65,969 capital. ROI tracks 27.35% on current figures, and rental yield reads 9.81% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 142.73% and total cumulative return in cash sums $94,158. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,627/mo property income instead of your personal income.
Single Family
Built in 1970
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39629, Bogue Chitto, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,003 (100%) |
| Owner Occupied HU | 2,185 (72.8%) |
| Renter Occupied HU | 426 (14.2%) |
| Vacant Housing Units | 392 (13.1%) |
| Median Home Value | $169,302 |
| Average Home Value | $172,249 |
Housing Distribution
Address Breakdown
Residential
2,784
Single Family
2,784
Multi-Family
0
Businesses
79
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Listed by: Keith J Silvestri • 4 Corner Properties, LLC
Mls Name: MLS United
Mls ID: #4136637