308 Walnut StBenoitMS38725
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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 Benoit at 308 Walnut St, Benoit, MS, 38725 priced at $139,000 converts $1,078/mo rent into $228/mo cash flow after a $680/mo obligation. Total monthly income equals $1,078/mo, and annual cash flow totals $2,733/yr on $46,079 invested. Return on cash invested prints 25.84% in year one, and rental yield reads 9.31% against a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation compiles into $38,403 by year five. Five-year ROI reaches 134.58% and total cumulative return in cash sums $62,012. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,078/mo property income covering a $680/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38725, Benoit, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 447 (100%) |
| Owner Occupied HU | 226 (50.6%) |
| Renter Occupied HU | 110 (24.6%) |
| Vacant Housing Units | 111 (24.8%) |
| Median Home Value | $100,000 |
| Average Home Value | $129,923 |
Housing Distribution
Address Breakdown
Residential
258
Single Family
234
Multi-Family
24
Businesses
12
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Listed by: Abby A Abernathy • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4132933