307 Long StGuntownMS38849
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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 Guntown at 307 Long St, Guntown, MS, 38849 generates $1,620/mo in rent and, after a $978/mo payment, leaves $397/mo in cash flow. Total monthly income is $1,620/mo, and annual cash flow is $4,765/yr on $66,267 invested. Return on cash invested sits at 27.1% in year one, and rental yield is 9.72% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 141.37% and total cumulative return in cash sums $93,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38849, Guntown, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,607 (100%) |
| Owner Occupied HU | 2,007 (77.0%) |
| Renter Occupied HU | 345 (13.2%) |
| Vacant Housing Units | 255 ( 9.8%) |
| Median Home Value | $210,938 |
| Average Home Value | $227,904 |
Housing Distribution
Address Breakdown
Residential
2,509
Single Family
2,509
Multi-Family
0
Businesses
45
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Listed by: Melanie J. Hannigan • JHB Realty, LLC
Mls Name: NMMLS
Mls ID: #26-98