412 9th Ave NAmoryMS38821
Nearby investment properties with comparable rents
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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 Amory at 412 9th Ave N, Amory, MS, 38821 offers $1,567/mo rent that, after a $659/mo payment, leaves $720/mo cash flow. Total monthly income is $1,567/mo, and annual cash flow is $8,639/yr on $44,620 cash. Return on cash invested measures 39.27% in year one, and rental yield stands at 13.97% at a $134,600 entry. Equity gained on principal adds $869/yr while 5% annual appreciation compounds into $37,188 by year five. Five-year ROI records 206.8% and total cumulative return in cash reaches $92,275. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,567/mo property income versus a $659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
N/A 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: N/A • N/A
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Mls ID: #N/A