345 Highway 366BelmontMS38827
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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 Belmont at 345 Highway 366, Belmont, MS, 38827 uses $46,244 cash to close to unlock $2,905/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,096/mo, and a $683/mo payment keeps the spread at $242/mo. Purchase price stands at $139,500, and rental yield measures 9.43% with $1,096/mo rent. Return on cash invested shows 26.19% in year one, and 5% annual appreciation builds toward $38,541 over five years. Five-year ROI reaches 136.54% and total cumulative return in cash records $63,141. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,096/mo property income covering a $683/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38827, Belmont, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 811 (60.6%) |
| Renter Occupied HU | 277 (20.7%) |
| Vacant Housing Units | 250 (18.7%) |
| Median Home Value | $173,825 |
| Average Home Value | $195,697 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
978
Multi-Family
31
Businesses
116
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Listed by: Justin M. Tapp • Compass Realty Group,LLC&DreamTree Forestry & Farms,LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1146
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.