3028 Attala Rd #4110SallisMS39160
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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 Sallis at 3028 Attala Rd #4110, Sallis, MS, 39160 generates $1,423/mo in rent and, after a $1,003/mo payment, leaves $169/mo in cash flow. Total monthly income is $1,423/mo, and annual cash flow is $2,026/yr on $67,958 invested. Return on cash invested sits at 22.89% in year one, and rental yield is 8.33% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 118.74% and total cumulative return in cash sums $80,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,423/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39160, Sallis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,194 (100%) |
| Owner Occupied HU | 900 (75.4%) |
| Renter Occupied HU | 156 (13.1%) |
| Vacant Housing Units | 138 (11.6%) |
| Median Home Value | $138,362 |
| Average Home Value | $154,714 |
Housing Distribution
Address Breakdown
Residential
1,110
Single Family
1,110
Multi-Family
0
Businesses
26
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Listed by: MELISSA VAUGHN • TENHET REAL ESTATE
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1298
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.