2847 Salmon Rd, Pontotoc, MS, 38863 | $242/mo Cash Flow

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2847 Salmon Rd, Pontotoc, MS, 38863 | $242/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 Pontotoc at 2847 Salmon Rd, Pontotoc, MS, 38863 offers a 10.24% rental yield on a $100,000 purchase with $853/mo rent. Total monthly income registers $853/mo, and a $489/mo payment leaves $242/mo available for distribution. Annual cash flow reaches $2,898/yr on $33,150 to close, and return on cash invested stands at 28.65% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 149.73% and total cumulative return in cash at $49,636. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $853/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in N/A

9 Acres lot

$N/A/sqft

No HOA

More details about the property

2008 Riverbirch Single Wide Model #103 and Nine acres perfectly situated in South Pontotoc School District. There are no Known restrictions for the property. A portion of the property has been cleared for a mobile home. The rest of the property has mixed timber. Book your showing with the listing office today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.

Housing Distribution

Housing Statistics

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