312 S Main StCalhoun CityMS38916
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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 Calhoun City at 312 S Main St, Calhoun City, MS, 38916 at $115,000 posts ROI 26.61% with $213/mo cash flow from $982/mo rent. Total monthly income equals $982/mo, and annual cash flow records $2,554/yr on $38,123 to close. Return on cash invested measures 26.61% and rental yield reads 10.25% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 139.44% and total cumulative return in cash totals $53,157.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $982/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1939
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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Nearby investment properties with comparable prices
Listed by: Whitney McNutt • TM Realtors
Mls Name: NCMBR
Mls Provider:
Mls ID: #160643
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.