38 Elm StPotts CampMS38659
INVESTMENT ANALYSIS
Investment Verdict
Solid Income38 Elm St, Potts Camp, MS, 38659 in Potts Camp is a solid income-producing rental, 9.07% gross yield, $1,416/mo rent, $209/mo net cash flow on a $145,000 buy. DSCR 2.17 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $40,061 and $1,335/yr in principal reduction project a total cumulative return of $89,002.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $209 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,416 |
| Total Monthly Debt Service | $830 |
| DSCR Ratio | 1.71x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.