363 McNease RdBassfieldMS39421
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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 Bassfield at 363 McNease Rd, Bassfield, MS, 39421 offers a 9.4% rental yield on a $120,000 purchase with $940/mo rent. Total monthly income registers $940/mo, and a $587/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,472/yr on $39,780 to close, and return on cash invested stands at 26.12% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 136.07% and total cumulative return in cash at $54,127. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $940/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39421, Bassfield, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,281 (100%) |
| Owner Occupied HU | 923 (72.1%) |
| Renter Occupied HU | 165 (12.9%) |
| Vacant Housing Units | 193 (15.1%) |
| Median Home Value | $111,835 |
| Average Home Value | $124,816 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,168
Multi-Family
0
Businesses
75
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Listed by: Melissa Minuti • Epique Realty
Mls Name: HSMLS
Mls ID: #143232