380 Walnut StAshlandMS38603
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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 Ashland at 380 Walnut St, Ashland, MS, 38603 earns $160/mo cash flow from $858/mo rent with a $558/mo payment. Total monthly income totals $858/mo, and annual cash flow totals $1,924/yr on $37,791 capital. ROI tracks 25% on current figures, and rental yield reads 9.03% at a $114,000 purchase. Equity gained on principal adds $736/yr, and 5% annual appreciation supports $31,496 over five years. Five-year ROI reaches 130.15% and total cumulative return in cash sums $49,183. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $858/mo property income instead of your personal income.
Single Family
Built in 1964
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38603, Ashland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 948 (61.6%) |
| Renter Occupied HU | 169 (11.0%) |
| Vacant Housing Units | 421 (27.4%) |
| Median Home Value | $129,521 |
| Average Home Value | $157,711 |
Housing Distribution
Address Breakdown
Residential
1,338
Single Family
1,338
Multi-Family
0
Businesses
89
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Listed by: Domonique Allen • Bespoke Realty
Mls Name: MLS United
Mls ID: #4129996