303 Freeman RdRichtonMS39476
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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 Richton at 303 Freeman Rd, Richton, MS, 39476 listed at $219,900 pairs $1,994/mo rent with a $1,076/mo payment to leave $649/mo cash flow. Total monthly income runs $1,994/mo, and annual cash flow reaches $7,783/yr on $72,897 cash to close. Return on cash invested measures 30.59% in year one, and rental yield registers 10.88% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 160.03% and total cumulative return in cash totals $116,656. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,994/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
4.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39476, Richton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,401 (100%) |
| Owner Occupied HU | 2,518 (74.0%) |
| Renter Occupied HU | 470 (13.8%) |
| Vacant Housing Units | 413 (12.1%) |
| Median Home Value | $160,750 |
| Average Home Value | $192,968 |
Housing Distribution
Address Breakdown
Residential
2,823
Single Family
2,823
Multi-Family
0
Businesses
138
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Listed by: Stuart Irby • Real Estate Professionals of the Pine Belt, LLC
Mls Name: HSMLS
Mls Provider:
Mls ID: #140680
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.