374 Fox RdShawMS38773
Nearby investment properties with comparable rents
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 Shaw at 374 Fox Rd, Shaw, MS, 38773 priced at $1,500,000 converts $2,639/mo rent into after a $7,342/mo obligation. Total monthly income equals $2,639/mo. Return on cash invested prints 4.22% in year one, and rental yield reads 2.11% against a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation compiles into $414,422 by year five. Five-year ROI reaches 18.52% and total cumulative return in cash sums $90,011. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,639/mo property income covering a $7,342/mo payment, not borrower’s personal income.
Single Family
Built in 2020
160 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38773, Shaw, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,189 (100%) |
| Owner Occupied HU | 713 (60.0%) |
| Renter Occupied HU | 320 (26.9%) |
| Vacant Housing Units | 156 (13.1%) |
| Median Home Value | $98,913 |
| Average Home Value | $126,322 |
Housing Distribution
Address Breakdown
Residential
511
Single Family
511
Multi-Family
0
Businesses
59
Nearby investment properties with comparable rents
Listed by: Anthony Steen • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4086500
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.