2980 Thaxton RdThaxtonMS38871
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 Thaxton at 2980 Thaxton Rd, Thaxton, MS, 38871 at $239,000 posts ROI 22.73% with $186/mo cash flow from $1,649/mo rent. Total monthly income equals $1,649/mo, and annual cash flow records $2,235/yr on $79,229 to close. Return on cash invested measures 22.73% and rental yield reads 8.28% at the current $239,000. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 by year five. Five-year ROI prints 117.91% and total cumulative return in cash totals $93,420.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,649/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38871, Thaxton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 708 (76.5%) |
| Renter Occupied HU | 149 (16.1%) |
| Vacant Housing Units | 69 ( 7.5%) |
| Median Home Value | $159,274 |
| Average Home Value | $185,629 |
Housing Distribution
Address Breakdown
Residential
899
Single Family
899
Multi-Family
0
Businesses
29
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Nearby investment properties with comparable prices
Listed by: Jodi Forsyth Broker Associate • Bledsoe Realty LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-553
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.