29 State Highway 178Potts CampMS38659
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Potts Camp at 29 State Highway 178, Potts Camp, MS, 38659 earns $603/mo cash flow from $1,980/mo rent with a $1,101/mo payment. Total monthly income totals $1,980/mo, and annual cash flow totals $7,240/yr on $74,588 capital. ROI tracks 29.62% on current figures, and rental yield reads 10.56% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 154.83% and total cumulative return in cash sums $115,485. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Single Family
Built in 1974
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38659, Potts Camp, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,225 (100%) |
| Owner Occupied HU | 855 (69.8%) |
| Renter Occupied HU | 154 (12.6%) |
| Vacant Housing Units | 216 (17.6%) |
| Median Home Value | $162,500 |
| Average Home Value | $282,061 |
Housing Distribution
Address Breakdown
Residential
1,183
Single Family
1,183
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Thomas • J Morris Realty LLC
Mls Name: MLS United
Mls ID: #4134758