2843 Manning Cir S, Nesbit, MS, 38651 | $975/mo Cash Flow

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2843 Manning Cir S, Nesbit, MS, 38651 | $975/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Nesbit at 2843 Manning Cir S, Nesbit, MS, 38651 offers a 8.79% rental yield on a $810,000 purchase with $5,932/mo rent. Total monthly income registers $5,932/mo, and a $3,965/mo payment leaves $975/mo available for distribution. Annual cash flow reaches $11,697/yr on $266,490 to close, and return on cash invested stands at 24.45% in year one. Equity gained on principal adds $5,227/yr while 5% annual appreciation supports $223,788 over five years. Portfolio math shows five-year ROI at 127.07% and total cumulative return in cash at $338,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,932/mo property income against a $3,965/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2004

0.80 Acres lot

$N/A/sqft

No HOA

More details about the property

Step into timeless elegance and modern comfort in this stunning Federal-style estate on 1.2 acres in a quiet, gated community with 4,900 sqft. of living space. 5 bedrooms and 4 full baths. This home blends architectural craftsmanship with resort-inspired amenities. From the sub-zero refrigerator to the master carpenter-built trim package, no detail has been overlooked. The heart of the home features a bright, open floor plan with soaring ceilings and a wall of windows that flood the space with natural light. Three ventless fireplaces add warmth and character, while the chef's kitchen boasts granite counters, custom cabinets, and high-end appliances. The primary suite is a true retreat, with a private poolside entrance, spa-style bath, his-and-hers walk-in closets, and a cozy fireplace. Step outside to your own private resorta custom hydrazzo gunite pool with spa, water feature, and brand-new equipment (2023). The fully plumbed pool house includes granite counters, cabinetry, and a bathroom with a shower hookup. Entertain with ease thanks to abundant patio space, lush landscaping, and a custom safety fence. An oversized detached garage/workshop offers storage for all your hobbies, while the attached two-car garage provides additional built-ins and space. Highlights - Federal architecture with a metal roof, copper accents, and bronze-colored oversized gutters. - Gated, small neighborhood with privacy and custom-built homes - 3-zone HVAC with large Trane units for low utility costs - Finished bonus room perfect for a gym, media room, or home office - Located in Desoto Central Schools with nearby private options - Minutes from Silo Square dining, shopping, and entertainment. Location Benefits Enjoy the best of both worldspeaceful, private living just minutes from the amenities of Southaven, Hernando, and the Memphis metro area. Ready to fall in love? Your private tour is just a call away.