351 Road 1597NettletonMS38858
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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 Nettleton at 351 Road 1597, Nettleton, MS, 38858 offers a 9.4% rental yield on a $320,000 purchase with $2,506/mo rent. Total monthly income registers $2,506/mo, and a $1,566/mo payment leaves $548/mo available for distribution. Annual cash flow reaches $6,576/yr on $106,080 to close, and return on cash invested stands at 26.11% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 135.98% and total cumulative return in cash at $144,243. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,506/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38858, Nettleton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,164 (100%) |
| Owner Occupied HU | 2,198 (69.5%) |
| Renter Occupied HU | 562 (17.8%) |
| Vacant Housing Units | 404 (12.8%) |
| Median Home Value | $147,287 |
| Average Home Value | $171,993 |
Housing Distribution
Address Breakdown
Residential
2,916
Single Family
2,916
Multi-Family
0
Businesses
129
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Listed by: Meredith Martin Abr,ahwd,c2ex • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1056
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.