3001 Harmony LoopPontotocMS38863
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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 Pontotoc at 3001 Harmony Loop, Pontotoc, MS, 38863 uses $38,123 cash to close to unlock $2,401/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $904/mo, and a $563/mo payment keeps the spread at $200/mo. Purchase price stands at $115,000, and rental yield measures 9.43% with $904/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 136.64% and total cumulative return in cash records $52,089. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $904/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 6,242 (64.7%) |
| Renter Occupied HU | 2,126 (22.0%) |
| Vacant Housing Units | 1,287 (13.3%) |
| Median Home Value | $170,000 |
| Average Home Value | $209,586 |
Housing Distribution
Address Breakdown
Residential
9,055
Single Family
8,985
Multi-Family
70
Businesses
685
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Listed by: Sarah Hoing • TM REALTORS
Mls Name: NMMLS
Mls ID: #26-217