3491 Highway 32CharlestonMS38921
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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
Rental property for sale in Charleston at 3491 Highway 32, Charleston, MS, 38921 generates $0/mo in rent, after a $675/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.23% in year one, and rental yield is 0% on a $138,000 entry. Equity gained on principal adds $890/yr, while 5% annual appreciation builds toward $38,127 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38921, Charleston, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,264 (100%) |
| Owner Occupied HU | 1,369 (60.5%) |
| Renter Occupied HU | 582 (25.7%) |
| Vacant Housing Units | 313 (13.8%) |
| Median Home Value | $95,431 |
| Average Home Value | $110,082 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,625
Multi-Family
31
Businesses
170
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No similar rental properties found nearby.
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Listed by: Kay Nickle • Action Realty & Appraisal
Mls Name: NCMBR
Mls ID: #161789