352 Coles Point RdBatesvilleMS38606
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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 Batesville at 352 Coles Point Rd, Batesville, MS, 38606 at $115,000 posts ROI 25.42% with $175/mo cash flow from $879/mo rent. Total monthly income equals $879/mo, and annual cash flow records $2,101/yr on $38,123 to close. Return on cash invested measures 25.42% and rental yield reads 9.17% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 132.48% and total cumulative return in cash totals $50,505.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $879/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1972
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38606, Batesville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 4,351 (67.3%) |
| Renter Occupied HU | 1,419 (21.9%) |
| Vacant Housing Units | 697 (10.8%) |
| Median Home Value | $178,967 |
| Average Home Value | $221,565 |
Housing Distribution
Address Breakdown
Residential
6,257
Single Family
5,958
Multi-Family
299
Businesses
830
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Nearby investment properties with comparable prices
Listed by: Delacy Howell • Delacy Howell Realty
Mls Name: NCMBR
Mls ID: #162227