338 Davis RdByhaliaMS38611
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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 Byhalia at 338 Davis Rd, Byhalia, MS, 38611 uses $46,377 cash to close to unlock $2,911/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $1,099/mo, and a $685/mo payment keeps the spread at $243/mo. Purchase price stands at $139,900, and rental yield measures 9.43% with $1,099/mo rent. Return on cash invested shows 26.19% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 136.42% and total cumulative return in cash records $63,267. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,099/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1965
13.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38611, Byhalia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,824 (100%) |
| Owner Occupied HU | 5,592 (71.5%) |
| Renter Occupied HU | 1,104 (14.1%) |
| Vacant Housing Units | 1,128 (14.4%) |
| Median Home Value | $237,625 |
| Average Home Value | $262,857 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
7,032
Multi-Family
89
Businesses
350
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Listed by: Mike Allgeier • Turn Key Realty Group LLC
Mls Name: MLS United
Mls ID: #4122883