364 Siloam RdMageeMS39111
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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
Rental property for sale in Magee at 364 Siloam Rd, Magee, MS, 39111 priced at $245,000 pairs $1,080/mo rent with after a $1,199/mo payment. Total monthly income equals $1,080/mo. Return on cash invested is 13.72% in year one, and rental yield stands at 5.29% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 69.53% and total cumulative return in cash reaches $56,472. For financing, Ziffy Mortgage’s DSCR program evaluates $1,080/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39111, Magee, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 2,485 (60.9%) |
| Renter Occupied HU | 996 (24.4%) |
| Vacant Housing Units | 600 (14.7%) |
| Median Home Value | $155,105 |
| Average Home Value | $163,878 |
Housing Distribution
Address Breakdown
Residential
3,972
Single Family
3,650
Multi-Family
322
Businesses
586
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Listed by: Audarshia L Flagg • Keller Williams
Mls Name: MLS United
Mls ID: #4099624
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.