




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in New Albany at 423 Tate Ave, New Albany, MS, 38652 earns $666/mo cash flow from $2,179/mo rent with a $1,088/mo payment. Total monthly income totals $2,179/mo, and annual cash flow totals $7,997/yr on $73,692 capital. ROI tracks 30.76% on current figures, and rental yield reads 11.76% at a $222,300 purchase. Equity gained on principal adds $1,434/yr, and 5% annual appreciation supports $61,417 over five years. Five-year ROI reaches 161.86% and total cumulative return in cash sums $119,281. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,179/mo property income instead of your personal income.
Single Family
Built in 1970
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38652, New Albany, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,643 (100%) |
| Owner Occupied HU | 5,086 (66.5%) |
| Renter Occupied HU | 1,831 (24.0%) |
| Vacant Housing Units | 726 ( 9.5%) |
| Median Home Value | $176,246 |
| Average Home Value | $225,845 |
Residential
7,117
Single Family
6,950
Multi-Family
167
Businesses
843
Date | Event | Price |
|---|---|---|
| 2025-04-21 | Listing removed | $249,900 |
| 2025-01-21 | Pending sale | $249,900 |
| 2025-01-13 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $3316.71 | 603.42% | $23,171 | 50.00% |
| 2023-11-03 | $471.51 | -0.36% | $15,447 | 22.71% |
| 2022-11-03 | $473.23 | 2.86% | $12,588 | 6.43% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A