32970 Highway 430CoilaMS38923
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
Investment Highlights
Investment property for sale in Coila at 32970 Highway 430, Coila, MS, 38923 offers a 8.49% rental yield on a $375,000 purchase with $2,654/mo rent. Total monthly income registers $2,654/mo, and a $1,835/mo payment leaves $360/mo available for distribution. Annual cash flow reaches $4,315/yr on $124,313 to close, and return on cash invested stands at 23.38% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 121.38% and total cumulative return in cash at $150,891. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,654/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38923, Coila, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 509 (72.7%) |
| Renter Occupied HU | 62 ( 8.9%) |
| Vacant Housing Units | 129 (18.4%) |
| Median Home Value | $113,021 |
| Average Home Value | $158,109 |
Housing Distribution
Address Breakdown
Residential
563
Single Family
563
Multi-Family
0
Businesses
13
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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