281 Desoto Rd #8NPNPKByhaliaMS38611
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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
Rental property for sale in Byhalia at 281 Desoto Rd #8NPNPK, Byhalia, MS, 38611 priced at $661,300 converts $4,786/mo rent into $739/mo cash flow after a $3,237/mo obligation. Total monthly income equals $4,786/mo, and annual cash flow totals $8,867/yr on $217,568 invested. Return on cash invested prints 24.14% in year one, and rental yield reads 8.68% against a $661,300 entry. Equity gained on principal adds $4,267/yr, while 5% annual appreciation compiles into $182,705 by year five. Five-year ROI reaches 125.38% and total cumulative return in cash sums $272,781. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,786/mo property income covering a $3,237/mo payment, not borrower’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38611, Byhalia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,824 (100%) |
| Owner Occupied HU | 5,592 (71.5%) |
| Renter Occupied HU | 1,104 (14.1%) |
| Vacant Housing Units | 1,128 (14.4%) |
| Median Home Value | $237,625 |
| Average Home Value | $262,857 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
7,032
Multi-Family
89
Businesses
350
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A