300 Loakfoma RdSturgisMS39769
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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 Sturgis at 300 Loakfoma Rd, Sturgis, MS, 39769 uses $53,007 cash to close to unlock $5,365/yr annual cash flow and $447/mo monthly cash flow. Total monthly income runs $1,426/mo, and a $783/mo payment keeps the spread at $447/mo. Purchase price stands at $159,900, and rental yield measures 10.7% with $1,426/mo rent. Return on cash invested shows 30.03% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 157.12% and total cumulative return in cash records $83,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,426/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1973
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39769, Sturgis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 966 (100%) |
| Owner Occupied HU | 655 (67.8%) |
| Renter Occupied HU | 127 (13.1%) |
| Vacant Housing Units | 184 (19.0%) |
| Median Home Value | $253,420 |
| Average Home Value | $230,088 |
Housing Distribution
Address Breakdown
Residential
886
Single Family
886
Multi-Family
0
Businesses
31
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Listed by: ANGELA LASTER • ERA TOWN & CAMPUS REALTY (COL)
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1577
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.