320 Billy Davis RdSilver CreekMS39663
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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 Silver Creek at 320 Billy Davis Rd, Silver Creek, MS, 39663 priced at $788,000 converts $949/mo rent into after a $3,857/mo obligation. Total monthly income equals $949/mo. Return on cash invested prints 2.13% in year one, and rental yield reads 1.45% against a $788,000 entry. Equity gained on principal adds $5,085/yr, while 5% annual appreciation compiles into $217,710 by year five. Five-year ROI reaches 7.39% and total cumulative return in cash sums $19,148. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $949/mo property income covering a $3,857/mo payment, not borrower’s personal income.
Manufactured
Built in 2012
49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39663, Silver Creek, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,316 (100%) |
| Owner Occupied HU | 957 (72.7%) |
| Renter Occupied HU | 151 (11.5%) |
| Vacant Housing Units | 208 (15.8%) |
| Median Home Value | $114,595 |
| Average Home Value | $160,152 |
Housing Distribution
Address Breakdown
Residential
1,099
Single Family
1,099
Multi-Family
0
Businesses
27
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Listed by: Jeffery L Daughdrill • United Country - Southern States Realty
Mls Name: MLS United
Mls ID: #4132249