400 Fairchilds RdMortonMS39117
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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 Morton at 400 Fairchilds Rd, Morton, MS, 39117 with 5% annual appreciation on a $575,000 basis while $3,527/mo rent supports operations. Total monthly income totals $3,527/mo and a $2,814/mo payment preserves $9/mo for cash returns. Annual cash flow comes to $104/yr on $189,175 deployed, and return on cash invested reaches 20.12% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 7.36%. Five-year ROI measures 103.81% and total cumulative return in cash totals $196,391.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,527/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2009
14.70 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
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Listed by: Josh Williamson • Hopper Properties
Mls Name: MLS United
Mls ID: #4122655