439 New Hope RdMount OliveMS39119
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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 Mount Olive at 439 New Hope Rd, Mount Olive, MS, 39119 generates $1,694/mo in rent and, after a $1,317/mo payment, leaves $47/mo in cash flow. Total monthly income is $1,694/mo, and annual cash flow is $570/yr on $89,174 invested. Return on cash invested sits at 20.55% in year one, and rental yield is 7.56% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 106.2% and total cumulative return in cash sums $94,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,694/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39119, Mount Olive, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,656 (69.4%) |
| Renter Occupied HU | 359 (15.1%) |
| Vacant Housing Units | 370 (15.5%) |
| Median Home Value | $119,605 |
| Average Home Value | $170,157 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,142
Multi-Family
45
Businesses
81
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Listed by: Jim Deweese • Real Broker
Mls Name: MLS United
Mls ID: #4123958
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.