3361 Highway 2Blue MountainMS38610
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
Rental property for sale in Blue Mountain at 3361 Highway 2, Blue Mountain, MS, 38610 generates $1,600/mo in rent and, after a $1,068/mo payment, leaves $200/mo in cash flow. Total monthly income is $1,600/mo, and annual cash flow is $2,402/yr on $72,333 invested. Return on cash invested sits at 23.23% in year one, and rental yield is 8.8% on a $218,200 entry. Equity gained on principal adds $1,408/yr, while 5% annual appreciation builds toward $60,285 over five years. Five-year ROI reaches 121% and total cumulative return in cash sums $87,526. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,600/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38610, Blue Mountain, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,527 (100%) |
| Owner Occupied HU | 1,037 (67.9%) |
| Renter Occupied HU | 295 (19.3%) |
| Vacant Housing Units | 195 (12.8%) |
| Median Home Value | $160,220 |
| Average Home Value | $179,409 |
Housing Distribution
Address Breakdown
Residential
1,437
Single Family
1,437
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A