3840 Morton Rankin County Line Rd #11-13-1MortonMS39117
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3840 Morton Rankin County Line Rd #11-13-1, Morton, MS, 39117 in Morton earns its strong cash-flow label: 10.38% yield, $2,508/mo rent, $733/mo net income, DSCR 1.92. The $290,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $80,122 by year five. Combined with $2,671/yr in principal paydown, total projected return reaches $157,088.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $733 | $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 | $2,508 |
| Total Monthly Debt Service | $1,659 |
| DSCR Ratio | 1.51x |
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.
Multi Family
Built in 1954
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39117, Morton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,252 (100%) |
| Owner Occupied HU | 2,897 (68.1%) |
| Renter Occupied HU | 858 (20.2%) |
| Vacant Housing Units | 497 (11.7%) |
| Median Home Value | $115,229 |
| Average Home Value | $173,523 |
Housing Distribution
Address Breakdown
Residential
4,187
Single Family
4,103
Multi-Family
84
Businesses
221
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
Multi Family
Built in 1954
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39117, Morton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,252 (100%) |
| Owner Occupied HU | 2,897 (68.1%) |
| Renter Occupied HU | 858 (20.2%) |
| Vacant Housing Units | 497 (11.7%) |
| Median Home Value | $115,229 |
| Average Home Value | $173,523 |
Housing Distribution
Address Breakdown
Residential
4,187
Single Family
4,103
Multi-Family
84
Businesses
221
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terri R Jones • Simply Realty
Mls Name: MLS United
Mls ID: #4125653