366 Converse DrWest 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 366 Converse Dr, West Point, MS, 39773 at $175,000 posts ROI 32.52% with $610/mo cash flow from $1,681/mo rent. Total monthly income equals $1,681/mo, and annual cash flow records $7,315/yr on $58,013 to close. Return on cash invested measures 32.52% and rental yield reads 11.53% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 170.42% and total cumulative return in cash totals $98,863.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,681/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
1,825 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: COLE BRYAN • HOMETOWN REALTY
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1323
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.