34599 Highway 8 EGore SpringsMS38929
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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 Gore Springs at 34599 Highway 8 E, Gore Springs, MS, 38929 offers a 3.86% rental yield on a $649,000 purchase with $2,088/mo rent. 47% in year one. Equity gained on principal adds $4,188/yr while 5% annual appreciation supports $179,307 over five years. Portfolio math shows five-year ROI at 46.74% and total cumulative return in cash at $99,804. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,088/mo property income against a $3,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
138 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38929, Gore Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 684 (100%) |
| Owner Occupied HU | 458 (67.0%) |
| Renter Occupied HU | 95 (13.9%) |
| Vacant Housing Units | 131 (19.2%) |
| Median Home Value | $131,429 |
| Average Home Value | $166,512 |
Housing Distribution
Address Breakdown
Residential
655
Single Family
655
Multi-Family
0
Businesses
23
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Nearby investment properties with comparable prices
Listed by: Hunter Robison • SmallTown Hunting Properties & Real Estate
Mls Name: NCMBR
Mls ID: #162369