329 Court StAshlandMS38603
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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 Ashland at 329 Court St, Ashland, MS, 38603 uses $36,465 cash to close to unlock $3,807/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $990/mo, and a $538/mo payment keeps the spread at $317/mo. Purchase price stands at $110,000, and rental yield measures 10.8% with $990/mo rent. Return on cash invested shows 30.35% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 158.88% and total cumulative return in cash records $57,936. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $990/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38603, Ashland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 948 (61.6%) |
| Renter Occupied HU | 169 (11.0%) |
| Vacant Housing Units | 421 (27.4%) |
| Median Home Value | $129,521 |
| Average Home Value | $157,711 |
Housing Distribution
Address Breakdown
Residential
1,338
Single Family
1,338
Multi-Family
0
Businesses
89
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Listed by: Tyrone M Smith • #1 Realty Group
Mls Name: MLS United
Mls ID: #4107501
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.