284 Sunset RdMount OliveMS39119
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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 Mount Olive at 284 Sunset Rd, Mount Olive, MS, 39119 offers $1,127/mo rent that, after a $710/mo payment, leaves $239/mo cash flow. Total monthly income is $1,127/mo, and annual cash flow is $2,872/yr on $48,068 cash. Return on cash invested measures 25.88% in year one, and rental yield stands at 9.33% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 134.85% and total cumulative return in cash reaches $64,820. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,127/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39119, Mount Olive, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,656 (69.4%) |
| Renter Occupied HU | 359 (15.1%) |
| Vacant Housing Units | 370 (15.5%) |
| Median Home Value | $119,605 |
| Average Home Value | $170,157 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,142
Multi-Family
45
Businesses
81
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Listed by: Lisa L. Wells • Wells Realty LLC
Mls Name: HSMLS
Mls ID: #144442