314 Hankins RdFultonMS38843
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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 Fulton at 314 Hankins Rd, Fulton, MS, 38843 offers $1,889/mo rent that, after a $1,189/mo payment, leaves $397/mo cash flow. Total monthly income is $1,889/mo, and annual cash flow is $4,759/yr on $80,521 cash. Return on cash invested measures 25.82% in year one, and rental yield stands at 9.33% at a $242,900 entry. Equity gained on principal adds $1,567/yr while 5% annual appreciation compounds into $67,109 by year five. Five-year ROI records 134.5% and total cumulative return in cash reaches $108,301. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,889/mo property income versus a $1,189/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38843, Fulton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 3,498 (66.0%) |
| Renter Occupied HU | 1,055 (19.9%) |
| Vacant Housing Units | 750 (14.1%) |
| Median Home Value | $140,759 |
| Average Home Value | $244,895 |
Housing Distribution
Address Breakdown
Residential
4,761
Single Family
4,699
Multi-Family
62
Businesses
438
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A