40037 Old Columbus RdHamiltonMS39746
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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 Hamilton at 40037 Old Columbus Rd, Hamilton, MS, 39746 listed at $200,000 pairs $1,639/mo rent with a $979/mo payment to leave $415/mo cash flow. Total monthly income runs $1,639/mo, and annual cash flow reaches $4,980/yr on $66,300 cash to close. Return on cash invested measures 27.42% in year one, and rental yield registers 9.83% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 143.02% and total cumulative return in cash totals $94,820. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,639/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39746, Hamilton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,426 (100%) |
| Owner Occupied HU | 1,079 (75.7%) |
| Renter Occupied HU | 202 (14.2%) |
| Vacant Housing Units | 145 (10.2%) |
| Median Home Value | $137,216 |
| Average Home Value | $160,454 |
Housing Distribution
Address Breakdown
Residential
1,330
Single Family
1,330
Multi-Family
0
Businesses
70
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Listed by: Lynda Moore • White Oak Realty, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-1258
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.