318 Progress StWest PointMS39773
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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 West Point at 318 Progress St, West Point, MS, 39773 offers a 8.33% rental yield on a $173,500 purchase with $1,205/mo rent. Total monthly income registers $1,205/mo, and a $849/mo payment leaves $143/mo available for distribution. Annual cash flow reaches $1,722/yr on $57,515 to close, and return on cash invested stands at 22.9% in year one. Equity gained on principal adds $1,120/yr while 5% annual appreciation supports $47,935 over five years. Portfolio math shows five-year ROI at 118.85% and total cumulative return in cash at $68,356. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,205/mo property income against a $849/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
9,805 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39773, West Point, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,167 (100%) |
| Owner Occupied HU | 4,436 (61.9%) |
| Renter Occupied HU | 1,800 (25.1%) |
| Vacant Housing Units | 931 (13.0%) |
| Median Home Value | $128,292 |
| Average Home Value | $204,758 |
Housing Distribution
Address Breakdown
Residential
6,801
Single Family
6,463
Multi-Family
338
Businesses
719
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Listed by: DONNA H ROSS • HOMETOWN REALTY
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1326