382 Ables RdWalnut GroveMS39189
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing382 Ables Rd, Walnut Grove, MS, 39189 in Walnut Grove is a stable, well-positioned rental at $180,000. Rental yield 6.8%. DSCR 1.26 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $49,731 in value and $1,658/yr in principal paydown builds equity, a total projected return of $63,007.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 6.2% |
| Monthly Cash Flow | $(82) | $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 | $1,020 |
| Total Monthly Debt Service | $1,030 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Manufactured
Built in 2022
15.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39189, Walnut Grove, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 1,065 (68.9%) |
| Renter Occupied HU | 320 (20.7%) |
| Vacant Housing Units | 160 (10.4%) |
| Median Home Value | $125,647 |
| Average Home Value | $159,493 |
Housing Distribution
Address Breakdown
Residential
1,360
Single Family
1,314
Multi-Family
46
Businesses
50
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
Manufactured
Built in 2022
15.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39189, Walnut Grove, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 1,065 (68.9%) |
| Renter Occupied HU | 320 (20.7%) |
| Vacant Housing Units | 160 (10.4%) |
| Median Home Value | $125,647 |
| Average Home Value | $159,493 |
Housing Distribution
Address Breakdown
Residential
1,360
Single Family
1,314
Multi-Family
46
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Billy Turner • Britt Barnes Realty Group
Mls Name: MLS United
Mls ID: #4091343
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.