407 10th Ave NAmoryMS38821
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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 Amory at 407 10th Ave N, Amory, MS, 38821 offers a 8.01% rental yield on a $225,000 purchase with $1,501/mo rent. Total monthly income registers $1,501/mo, and a $1,101/mo payment leaves $124/mo available for distribution. Annual cash flow reaches $1,492/yr on $74,588 to close, and return on cash invested stands at 21.91% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 113.52% and total cumulative return in cash at $84,669. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,501/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38821, Amory, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,742 (100%) |
| Owner Occupied HU | 3,727 (64.9%) |
| Renter Occupied HU | 977 (17.0%) |
| Vacant Housing Units | 1,038 (18.1%) |
| Median Home Value | $164,927 |
| Average Home Value | $206,246 |
Housing Distribution
Address Breakdown
Residential
5,335
Single Family
5,224
Multi-Family
111
Businesses
588
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Listed by: James Mark Gurley • AMORY REALTY
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1457
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.