407 HighwayKilmichaelMS39747
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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 Kilmichael at 407 Highway, Kilmichael, MS, 39747 generates $0/mo in rent, after a $5,304/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.3% in year one, and rental yield is 0% on a $1,083,600 entry. Equity gained on principal adds $6,992/yr, while 5% annual appreciation builds toward $299,379 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
258 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39747, Kilmichael, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 911 (100%) |
| Owner Occupied HU | 602 (66.1%) |
| Renter Occupied HU | 105 (11.5%) |
| Vacant Housing Units | 204 (22.4%) |
| Median Home Value | $122,685 |
| Average Home Value | $161,366 |
Housing Distribution
Address Breakdown
Residential
702
Single Family
702
Multi-Family
0
Businesses
46
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tyler Alldread • SWAPA Land, LLC
Mls Name: REALSTACK
Mls ID: #88588