294 County Road 55TishomingoMS38873
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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 Tishomingo at 294 County Road 55, Tishomingo, MS, 38873 generates $1,334/mo in rent and, after a $856/mo payment, leaves $264/mo in cash flow. Total monthly income is $1,334/mo, and annual cash flow is $3,165/yr on $57,979 invested. Return on cash invested sits at 25.37% in year one, and rental yield is 9.15% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 132.05% and total cumulative return in cash sums $76,560. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,334/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38873, Tishomingo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 953 (68.9%) |
| Renter Occupied HU | 157 (11.3%) |
| Vacant Housing Units | 274 (19.8%) |
| Median Home Value | $151,673 |
| Average Home Value | $167,293 |
Housing Distribution
Address Breakdown
Residential
1,232
Single Family
1,232
Multi-Family
0
Businesses
74
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Listed by: Shannon Rowland • Crye-Leike Realtors
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-2535
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.