403 Miller CirBoonevilleMS38829
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
Rental property for sale in Booneville at 403 Miller Cir, Booneville, MS, 38829 priced at $189,900 pairs $1,535/mo rent with $373/mo cash flow after a $929/mo payment. Total monthly income equals $1,535/mo, and annual cash flow comes to $4,480/yr on $62,952 invested. Return on cash invested is 27.03% in year one, and rental yield stands at 9.7% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 140.95% and total cumulative return in cash reaches $88,733. For financing, Ziffy Mortgage’s DSCR program evaluates $1,535/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38829, Booneville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,842 (100%) |
| Owner Occupied HU | 5,243 (66.9%) |
| Renter Occupied HU | 1,709 (21.8%) |
| Vacant Housing Units | 890 (11.3%) |
| Median Home Value | $129,194 |
| Average Home Value | $174,369 |
Housing Distribution
Address Breakdown
Residential
7,353
Single Family
7,261
Multi-Family
92
Businesses
682
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Mills • Patty Turk Properties, LLC
Mls Name: NMMLS
Mls ID: #25-2679