307 David StAmoryMS38821
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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 Amory at 307 David St, Amory, MS, 38821 priced at $131,900 converts $1,027/mo rent into $219/mo cash flow after a $646/mo obligation. Total monthly income equals $1,027/mo, and annual cash flow totals $2,633/yr on $43,725 invested. Return on cash invested prints 25.93% in year one, and rental yield reads 9.34% against a $131,900 entry. Equity gained on principal adds $851/yr, while 5% annual appreciation compiles into $36,442 by year five. Five-year ROI reaches 135.13% and total cumulative return in cash sums $59,087. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,027/mo property income covering a $646/mo payment, not borrower’s personal income.
Single Family
Built in N/A
9,588 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38821, Amory, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,742 (100%) |
| Owner Occupied HU | 3,727 (64.9%) |
| Renter Occupied HU | 977 (17.0%) |
| Vacant Housing Units | 1,038 (18.1%) |
| Median Home Value | $164,927 |
| Average Home Value | $206,246 |
Housing Distribution
Address Breakdown
Residential
5,335
Single Family
5,224
Multi-Family
111
Businesses
588
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Listed by: Kim Graham • CENTURY 21 KNOWLES REALTY
Mls Name: NMMLS
Mls ID: #25-4018