38 Elm StPotts CampMS38659
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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 Potts Camp at 38 Elm St, Potts Camp, MS, 38659 generates $1,416/mo in rent and, after a $710/mo payment, leaves $528/mo in cash flow. Total monthly income is $1,416/mo, and annual cash flow is $6,340/yr on $48,068 invested. Return on cash invested sits at 33.1% in year one, and rental yield is 11.72% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 173.57% and total cumulative return in cash sums $83,432. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,416/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38659, Potts Camp, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,225 (100%) |
| Owner Occupied HU | 855 (69.8%) |
| Renter Occupied HU | 154 (12.6%) |
| Vacant Housing Units | 216 (17.6%) |
| Median Home Value | $162,500 |
| Average Home Value | $282,061 |
Housing Distribution
Address Breakdown
Residential
1,183
Single Family
1,183
Multi-Family
0
Businesses
36
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Listed by: Sabaria A Dean • Fast Track Realty
Mls Name: MLS United
Mls ID: #4112629
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.