305 1st AveNew AugustaMS39462
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 305 1st Ave, New Augusta, MS, 39462 in New Augusta the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $185,000 price is below income-first thresholds, but 5%/yr value growth projects $51,112 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1915
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39462, New Augusta, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 553 (100%) |
| Owner Occupied HU | 332 (60.0%) |
| Renter Occupied HU | 115 (20.8%) |
| Vacant Housing Units | 106 (19.2%) |
| Median Home Value | $127,941 |
| Average Home Value | $169,895 |
Housing Distribution
Address Breakdown
Residential
387
Single Family
387
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Paige Blackmer • NextHome HomeFront
Mls Name: MLS United
Mls ID: #4114026
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.
