3218 County Road 16LouinMS39338
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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 Louin at 3218 County Road 16, Louin, MS, 39338 offers a 0% rental yield on a $115,000 purchase with $0/mo rent. 25% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39338, Louin, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,339 (100%) |
| Owner Occupied HU | 972 (72.6%) |
| Renter Occupied HU | 129 ( 9.6%) |
| Vacant Housing Units | 238 (17.8%) |
| Median Home Value | $96,000 |
| Average Home Value | $152,860 |
Housing Distribution
Address Breakdown
Residential
1,283
Single Family
1,283
Multi-Family
0
Businesses
34
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No similar rental properties found nearby.
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Listed by: Audarshia L Flagg • Keller Williams
Mls Name: MLS United
Mls ID: #4117639
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.