294 Wilson Yielding RdFultonMS38843
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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 Fulton at 294 Wilson Yielding Rd, Fulton, MS, 38843 priced at $359,900 converts $1,549/mo rent into after a $1,762/mo obligation. Total monthly income equals $1,549/mo. Return on cash invested prints 13.12% in year one, and rental yield reads 5.16% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 66.46% and total cumulative return in cash sums $79,286. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,549/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in N/A
4.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38843, Fulton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 3,498 (66.0%) |
| Renter Occupied HU | 1,055 (19.9%) |
| Vacant Housing Units | 750 (14.1%) |
| Median Home Value | $140,759 |
| Average Home Value | $244,895 |
Housing Distribution
Address Breakdown
Residential
4,761
Single Family
4,699
Multi-Family
62
Businesses
438
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Listed by: Leon C. Hayes • L Hayes Realty Inc.
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-807
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.