353 County Road 5051BoonevilleMS38829
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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 Booneville at 353 County Road 5051, Booneville, MS, 38829 uses $40,277 cash to close to unlock $2,054/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $915/mo, and a $595/mo payment keeps the spread at $171/mo. Purchase price stands at $121,500, and rental yield measures 9.04% with $915/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $33,568 over five years. Five-year ROI reaches 130.19% and total cumulative return in cash records $52,438. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $915/mo property income covering a $595/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38829, Booneville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,842 (100%) |
| Owner Occupied HU | 5,243 (66.9%) |
| Renter Occupied HU | 1,709 (21.8%) |
| Vacant Housing Units | 890 (11.3%) |
| Median Home Value | $129,194 |
| Average Home Value | $174,369 |
Housing Distribution
Address Breakdown
Residential
7,353
Single Family
7,261
Multi-Family
92
Businesses
682
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Listed by: Daniel Demers • Sell Your Home Services, LLC.
Mls Name: MLS United
Mls ID: #4112954
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.