30220 Old Highway 6NettletonMS38858
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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 Nettleton at 30220 Old Highway 6, Nettleton, MS, 38858 earns from $1,180/mo rent with a $1,126/mo payment. Total monthly income totals $1,180/mo. ROI tracks 16.32% on current figures, and rental yield reads 6.16% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 83.57% and total cumulative return in cash sums $63,715. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,180/mo property income instead of your personal income.
Single Family
Built in N/A
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38858, Nettleton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,164 (100%) |
| Owner Occupied HU | 2,198 (69.5%) |
| Renter Occupied HU | 562 (17.8%) |
| Vacant Housing Units | 404 (12.8%) |
| Median Home Value | $147,287 |
| Average Home Value | $171,993 |
Housing Distribution
Address Breakdown
Residential
2,916
Single Family
2,916
Multi-Family
0
Businesses
129
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Listed by: Dustin Keith Shields • White Oak Realty, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-2058
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.