419 Broad StBatesvilleMS38606
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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 Batesville at 419 Broad St, Batesville, MS, 38606 offers a 9.25% rental yield on a $194,900 purchase with $1,502/mo rent. Total monthly income registers $1,502/mo, and a $954/mo payment leaves $309/mo available for distribution. Annual cash flow reaches $3,711/yr on $64,609 to close, and return on cash invested stands at 25.65% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,847 over five years. Portfolio math shows five-year ROI at 133.62% and total cumulative return in cash at $86,331. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,502/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38606, Batesville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 4,351 (67.3%) |
| Renter Occupied HU | 1,419 (21.9%) |
| Vacant Housing Units | 697 (10.8%) |
| Median Home Value | $178,967 |
| Average Home Value | $221,565 |
Housing Distribution
Address Breakdown
Residential
6,257
Single Family
5,958
Multi-Family
299
Businesses
830
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Listed by: Pamela R Butler • P.A.M. Realty LLC
Mls Name: MLS United
Mls ID: #4129707