308 N Main StCalhoun CityMS38916
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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 Calhoun City at 308 N Main St, Calhoun City, MS, 38916 priced at $161,900 pairs $1,245/mo rent with $253/mo cash flow after a $792/mo payment. Total monthly income equals $1,245/mo, and annual cash flow comes to $3,032/yr on $53,670 invested. Return on cash invested is 25.56% in year one, and rental yield stands at 9.23% on a $161,900 basis. Equity gained on principal adds $1,045/yr, and 5% annual appreciation accumulates to $44,730 by year five. Five-year ROI measures 133.1% and total cumulative return in cash reaches $71,434. For financing, Ziffy Mortgage’s DSCR program evaluates $1,245/mo property income against a $792/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38916, Calhoun City, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,277 (100%) |
| Owner Occupied HU | 1,348 (59.2%) |
| Renter Occupied HU | 496 (21.8%) |
| Vacant Housing Units | 433 (19.0%) |
| Median Home Value | $94,364 |
| Average Home Value | $114,798 |
Housing Distribution
Address Breakdown
Residential
1,530
Single Family
1,505
Multi-Family
25
Businesses
153
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Listed by: Rexanne Collins • Epique Realty-Oxford
Mls Name: NCMBR
Mls Provider:
Mls ID: #159335
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.