340 E College AveHolly SpringsMS38635
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 Holly Springs at 340 E College Ave, Holly Springs, MS, 38635 priced at $280,000 converts $2,003/mo rent into $290/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,003/mo, and annual cash flow totals $3,480/yr on $92,820 invested. Return on cash invested prints 23.66% in year one, and rental yield reads 8.58% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 122.84% and total cumulative return in cash sums $114,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,003/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1841
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38635, Holly Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,181 (100%) |
| Owner Occupied HU | 3,704 (59.9%) |
| Renter Occupied HU | 1,301 (21.0%) |
| Vacant Housing Units | 1,176 (19.0%) |
| Median Home Value | $192,125 |
| Average Home Value | $239,081 |
Housing Distribution
Address Breakdown
Residential
6,057
Single Family
5,801
Multi-Family
256
Businesses
509
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Listed by: Amanda V Linton • Local Agency Realty Group
Mls Name: MLS United
Mls ID: #4105715
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.