336 HighwayThaxtonMS38871
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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 Thaxton at 336 Highway, Thaxton, MS, 38871 uses $54,698 cash to close to unlock $2,374/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $1,208/mo, and a $808/mo payment keeps the spread at $198/mo. Purchase price stands at $165,000, and rental yield measures 8.79% with $1,208/mo rent. Return on cash invested shows 24.25% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 126.02% and total cumulative return in cash records $68,927. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,208/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in N/A
27.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38871, Thaxton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 708 (76.5%) |
| Renter Occupied HU | 149 (16.1%) |
| Vacant Housing Units | 69 ( 7.5%) |
| Median Home Value | $159,274 |
| Average Home Value | $185,629 |
Housing Distribution
Address Breakdown
Residential
899
Single Family
899
Multi-Family
0
Businesses
29
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Listed by: Luke Gossett • SmallTown Properties
Mls Name: REALSTACK
Mls ID: #95733