303 N Court StEllisvilleMS39437
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Nearby investment properties with comparable prices
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 Ellisville at 303 N Court St, Ellisville, MS, 39437 with 5% annual appreciation on a $150,000 basis while $1,430/mo rent supports operations. Total monthly income totals $1,430/mo and a $734/mo payment preserves $490/mo for cash returns. Annual cash flow comes to $5,874/yr on $49,725 deployed, and return on cash invested reaches 31.72% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 11.44%. Five-year ROI measures 166.33% and total cumulative return in cash totals $82,710.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,430/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39437, Ellisville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,334 (100%) |
| Owner Occupied HU | 3,863 (72.4%) |
| Renter Occupied HU | 884 (16.6%) |
| Vacant Housing Units | 587 (11.0%) |
| Median Home Value | $184,585 |
| Average Home Value | $211,798 |
Housing Distribution
Address Breakdown
Residential
5,324
Single Family
5,212
Multi-Family
112
Businesses
331
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Listed by: Lee Boyette, Cne, Gri, Srs • Woodland Realty, Inc.
Mls Name: LBOR
Mls ID: #36795
Disclaimer: Copyright Laurel Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.