316 Main St WHeidelbergMS39439
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 316 Main St W, Heidelberg, MS, 39439 in Heidelberg. At $230,000 it earns $1,616/mo in rent and distributes $209/mo to the owner after the $1,034/mo payment, a consistent 8.43% yield. DSCR 1.56 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $63,545 in value; $2,118/yr in principal paydown compounds ownership stake. Total projected return: $100,618.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $209 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,616 |
| Total Monthly Debt Service | $1,316 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39439, Heidelberg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,096 (100%) |
| Owner Occupied HU | 1,560 (74.4%) |
| Renter Occupied HU | 249 (11.9%) |
| Vacant Housing Units | 287 (13.7%) |
| Median Home Value | $139,151 |
| Average Home Value | $159,090 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,727
Multi-Family
0
Businesses
119
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
Single Family
Built in 1972
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39439, Heidelberg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,096 (100%) |
| Owner Occupied HU | 1,560 (74.4%) |
| Renter Occupied HU | 249 (11.9%) |
| Vacant Housing Units | 287 (13.7%) |
| Median Home Value | $139,151 |
| Average Home Value | $159,090 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,727
Multi-Family
0
Businesses
119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie West • Debbie West Realty LLC
Mls Name: HSMLS
Mls Provider:
Mls ID: #140585
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.