387 Road 805ShannonMS38868
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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 Shannon at 387 Road 805, Shannon, MS, 38868 listed at $289,200 pairs $2,010/mo rent with a $1,415/mo payment to leave $241/mo cash flow. Total monthly income runs $2,010/mo, and annual cash flow reaches $2,889/yr on $95,870 cash to close. Return on cash invested measures 22.92% in year one, and rental yield registers 8.34% at a $289,200 basis. Equity gained on principal adds $1,866/yr, and annual property appreciation at 5% supports $79,901 by year five. Five-year ROI tracks 118.92% and total cumulative return in cash totals $114,005. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,010/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38868, Shannon, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,337 (100%) |
| Owner Occupied HU | 1,669 (71.4%) |
| Renter Occupied HU | 412 (17.6%) |
| Vacant Housing Units | 256 (11.0%) |
| Median Home Value | $169,179 |
| Average Home Value | $217,689 |
Housing Distribution
Address Breakdown
Residential
1,934
Single Family
1,934
Multi-Family
0
Businesses
122
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Listed by: N/A • N/A
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Mls ID: #N/A