34 David Newell RdRichtonMS39476
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 Richton at 34 David Newell Rd, Richton, MS, 39476 priced at $192,500 pairs $1,873/mo rent with $668/mo cash flow after a $942/mo payment. Total monthly income equals $1,873/mo, and annual cash flow comes to $8,021/yr on $63,814 invested. Return on cash invested is 32.48% in year one, and rental yield stands at 11.68% on a $192,500 basis. Equity gained on principal adds $1,242/yr, and 5% annual appreciation accumulates to $53,184 by year five. Five-year ROI measures 170.38% and total cumulative return in cash reaches $108,725. For financing, Ziffy Mortgage’s DSCR program evaluates $1,873/mo property income against a $942/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39476, Richton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,401 (100%) |
| Owner Occupied HU | 2,518 (74.0%) |
| Renter Occupied HU | 470 (13.8%) |
| Vacant Housing Units | 413 (12.1%) |
| Median Home Value | $160,750 |
| Average Home Value | $192,968 |
Housing Distribution
Address Breakdown
Residential
2,823
Single Family
2,823
Multi-Family
0
Businesses
138
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Nearby investment properties with comparable prices
Listed by: Parker Thoms B Thoms • Wellhouse Real Estate LLC
Mls Name: MLS United
Mls ID: #4106987
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.