308 Walnut St, Benoit, MS, 38725 | $488/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

308 Walnut St, Benoit, MS, 38725 | $488/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1613 sft

1133 Arnold Ave, Greenville, MS, 38701

4 Bed
2 Bath
2088 sft

604 Wintergreen St, Greenville, MS, 38701

3 Bed
2 Bath
2119 sft

910 Windmill Rd, Greenville, MS, 38703

4 Bed
2 Bath
2381 sft

1711 Holly Ln, Greenville, MS, 38701

Nearby investment properties with comparable prices

4 Bed
2 Bath
1959 sft

728 Cedar St, Greenville, MS, 38701

3 Bed
2 Bath
1600 sft

1786 E Azalea St, Greenville, MS, 38701

3 Bed
3 Bath
3323 sft

745 S Washington Ave, Greenville, MS, 38701

3 Bed
2 Bath
1550 sft

1741 W Sudan Cir, Greenville, MS, 38701

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Benoit at 308 Walnut St, Benoit, MS, 38725 priced at $139,000 converts $1,338/mo rent into $488/mo cash flow after a $680/mo obligation. Total monthly income equals $1,338/mo, and annual cash flow totals $5,853/yr on $46,079 invested. Return on cash invested prints 32.61% in year one, and rental yield reads 11.55% 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 170.86% and total cumulative return in cash sums $78,728. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,338/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

More details about the property

Situated on a .45 acre corner lot in the quiet town of Benoit, this 3-bed, 1-bath home spans 1,581 SF. As you enter the front door, you will find a spacious living room with an open-concept feel that extends to the kitchen and dining room. Off of the dining room is a laundry room with plenty of space and storage. A spacious sunroom looks into the fenced-in backyard. In the backyard, you will find a shop with electricity connected- perfect for hobbyists! This home serves as a great opportunity for a small family, rental property, or for hunters at near-by hunting clubs. Call today to schedule your private showing!

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