408 Main StEllisvilleMS39437
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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
Investment property for sale in Ellisville at 408 Main St, Ellisville, MS, 39437 at $139,000 posts ROI 33.13% with $508/mo cash flow from $1,358/mo rent. Total monthly income equals $1,358/mo, and annual cash flow records $6,093/yr on $46,079 to close. Return on cash invested measures 33.13% and rental yield reads 11.72% at the current $139,000. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 by year five. Five-year ROI prints 173.7% and total cumulative return in cash totals $80,036.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,358/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
6,098 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: Shelley Ann Brown • Hub City Realty
Mls Name: HSMLS
Mls ID: #145086