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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Pontotoc at 40 Rock Hill Rd, Pontotoc, MS, 38863 generates $1,219/mo in rent and, after a $612/mo payment, leaves $454/mo in cash flow. Total monthly income is $1,219/mo, and annual cash flow is $5,447/yr on $41,438 invested. Return on cash invested sits at 33.05% in year one, and rental yield is 11.7% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 173.28% and total cumulative return in cash sums $71,801. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,219/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 6,242 (64.7%) |
| Renter Occupied HU | 2,126 (22.0%) |
| Vacant Housing Units | 1,287 (13.3%) |
| Median Home Value | $170,000 |
| Average Home Value | $209,586 |
Residential
9,055
Single Family
8,985
Multi-Family
70
Businesses
685
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Price change | $125,000 |
| 2024-08-31 | Price change | $130,000 |
| 2024-08-20 | Price change | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $243.34 | 16.33% | $2,795 | 17.09% |
| 2022-10-17 | $209.18 | N/A | $2,387 | N/A |
| 2021-10-17 | $209.18 | N/A | $2,387 | N/A |
Listed by: Beth Waldo • Patty Turk Properties, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-2319
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
