28870 Highway 15WalnutMS38683
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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 Walnut at 28870 Highway 15, Walnut, MS, 38683 uses $40,907 cash to close to unlock $5,698/yr annual cash flow and $475/mo monthly cash flow. Total monthly income runs $1,230/mo, and a $604/mo payment keeps the spread at $475/mo. Purchase price stands at $123,400, and rental yield measures 11.96% with $1,230/mo rent. Return on cash invested shows 33.84% in year one, and 5% annual appreciation builds toward $34,093 over five years. Five-year ROI reaches 177.46% and total cumulative return in cash records $72,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,230/mo property income covering a $604/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38683, Walnut, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,381 (100%) |
| Owner Occupied HU | 1,573 (66.1%) |
| Renter Occupied HU | 455 (19.1%) |
| Vacant Housing Units | 353 (14.8%) |
| Median Home Value | $113,632 |
| Average Home Value | $154,949 |
Housing Distribution
Address Breakdown
Residential
2,180
Single Family
2,180
Multi-Family
0
Businesses
90
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A