350 Price StMagnoliaMS39652
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 Magnolia at 350 Price St, Magnolia, MS, 39652 priced at $120,000 converts $935/mo rent into $201/mo cash flow after a $587/mo obligation. Total monthly income equals $935/mo, and annual cash flow totals $2,412/yr on $39,780 invested. Return on cash invested prints 25.97% in year one, and rental yield reads 9.35% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 135.28% and total cumulative return in cash sums $53,815. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $935/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1972
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39652, Magnolia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 2,697 (66.6%) |
| Renter Occupied HU | 617 (15.2%) |
| Vacant Housing Units | 736 (18.2%) |
| Median Home Value | $105,368 |
| Average Home Value | $149,638 |
Housing Distribution
Address Breakdown
Residential
3,355
Single Family
3,319
Multi-Family
36
Businesses
211
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Nearby investment properties with comparable prices
Listed by: Kalynthia Addison • Addison Realty, LLC
Mls Name: Southwest Mississippi BOR
Mls ID: #143859
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.