403 Main StEllisvilleMS39437
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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
Rental property for sale in Ellisville at 403 Main St, Ellisville, MS, 39437 priced at $179,999 pairs $1,618/mo rent with $517/mo cash flow after a $881/mo payment. Total monthly income equals $1,618/mo, and annual cash flow comes to $6,198/yr on $59,670 invested. Return on cash invested is 30.3% in year one, and rental yield stands at 10.79% on a $179,999 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,730 by year five. Five-year ROI measures 158.5% and total cumulative return in cash reaches $94,576. For financing, Ziffy Mortgage’s DSCR program evaluates $1,618/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39437, Ellisville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,334 (100%) |
| Owner Occupied HU | 3,863 (72.4%) |
| Renter Occupied HU | 884 (16.6%) |
| Vacant Housing Units | 587 (11.0%) |
| Median Home Value | $184,585 |
| Average Home Value | $211,798 |
Housing Distribution
Address Breakdown
Residential
5,324
Single Family
5,212
Multi-Family
112
Businesses
331
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Listed by: Brandalon Byrd • TAD Real Estate Agency
Mls Name: HSMLS
Mls Provider:
Mls ID: #141826
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.