359 W Jones StWest PointMS39773
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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 West Point at 359 W Jones St, West Point, MS, 39773 uses $51,349 cash to close to unlock $6,939/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $1,526/mo, and a $758/mo payment keeps the spread at $578/mo. Purchase price stands at $154,900, and rental yield measures 11.82% with $1,526/mo rent. Return on cash invested shows 33.42% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 175.29% and total cumulative return in cash records $90,008. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,526/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1967
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39773, West Point, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,167 (100%) |
| Owner Occupied HU | 4,436 (61.9%) |
| Renter Occupied HU | 1,800 (25.1%) |
| Vacant Housing Units | 931 (13.0%) |
| Median Home Value | $128,292 |
| Average Home Value | $204,758 |
Housing Distribution
Address Breakdown
Residential
6,801
Single Family
6,463
Multi-Family
338
Businesses
719
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Listed by: Moses James, Jr. • WEICHERT INNOVATIONS (BOF)
Mls Name: Greater Golden Triangle Realtors
Mls ID: #24-1865
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.