401 E Main StOkolonaMS38860
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
Investment Highlights
Investment property for sale in Okolona at 401 E Main St, Okolona, MS, 38860 with 5% annual appreciation on a $149,900 basis while $840/mo rent supports operations. 03% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 6.72%. Five-year ROI measures 92.75% and total cumulative return in cash totals $46,091. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $840/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38860, Okolona, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,740 (100%) |
| Owner Occupied HU | 1,710 (62.4%) |
| Renter Occupied HU | 625 (22.8%) |
| Vacant Housing Units | 405 (14.8%) |
| Median Home Value | $110,762 |
| Average Home Value | $145,300 |
Housing Distribution
Address Breakdown
Residential
2,417
Single Family
2,310
Multi-Family
107
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Sanders • RE/MAX PARTNERS
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1047
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.