309 Brookhaven StMonticelloMS39654
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Monticello at 309 Brookhaven St, Monticello, MS, 39654 offers a 9.59% rental yield on a $199,000 purchase with $1,590/mo rent. Total monthly income registers $1,590/mo, and a $974/mo payment leaves $372/mo available for distribution. Annual cash flow reaches $4,467/yr on $65,969 to close, and return on cash invested stands at 26.68% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 139.13% and total cumulative return in cash at $91,782. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,590/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39654, Monticello, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,562 (100%) |
| Owner Occupied HU | 1,768 (69.0%) |
| Renter Occupied HU | 430 (16.8%) |
| Vacant Housing Units | 364 (14.2%) |
| Median Home Value | $139,031 |
| Average Home Value | $179,671 |
Housing Distribution
Address Breakdown
Residential
2,230
Single Family
2,147
Multi-Family
83
Businesses
238
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Listed by: Kim Tynes • Sutton Properties, Inc.
Mls Name: MLS United
Mls ID: #4124437