3119 Highway 98 EMcCombMS39648
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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
Investment property for sale in McComb at 3119 Highway 98 E, McComb, MS, 39648 uses $53,007 cash to close to unlock $3,157/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $1,242/mo, and a $783/mo payment keeps the spread at $263/mo. Purchase price stands at $159,900, and rental yield measures 9.32% with $1,242/mo rent. Return on cash invested shows 25.87% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 134.76% and total cumulative return in cash records $71,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,242/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 2003
6.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39648, Mccomb, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,263 (100%) |
| Owner Occupied HU | 5,400 (52.6%) |
| Renter Occupied HU | 3,367 (32.8%) |
| Vacant Housing Units | 1,496 (14.6%) |
| Median Home Value | $121,473 |
| Average Home Value | $169,057 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
8,370
Multi-Family
769
Businesses
973
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Listed by: Tronnie Lacy • Maselle & Associates Inc
Mls Name: MLS United
Mls ID: #4075752
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.