406 Leflore AveBelzoniMS39038
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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 Belzoni at 406 Leflore Ave, Belzoni, MS, 39038 generates $1,440/mo in rent, after a $1,591/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 13.79% in year one, and rental yield is 5.32% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 69.95% and total cumulative return in cash sums $75,361. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39038, Belzoni, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,449 (100%) |
| Owner Occupied HU | 1,334 (54.5%) |
| Renter Occupied HU | 816 (33.3%) |
| Vacant Housing Units | 299 (12.2%) |
| Median Home Value | $86,129 |
| Average Home Value | $146,233 |
Housing Distribution
Address Breakdown
Residential
2,173
Single Family
2,050
Multi-Family
123
Businesses
322
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Listed by: Bruce E West • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4132468