4505 Old Jackson RdTerryMS39170
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 Terry at 4505 Old Jackson Rd, Terry, MS, 39170 priced at $219,900 converts $1,692/mo rent into $347/mo cash flow after a $1,076/mo obligation. Total monthly income equals $1,692/mo, and annual cash flow totals $4,159/yr on $72,897 invested. Return on cash invested prints 25.61% in year one, and rental yield reads 9.23% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 133.38% and total cumulative return in cash sums $97,228. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,692/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1933
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39170, Terry, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,973 (100%) |
| Owner Occupied HU | 3,347 (84.2%) |
| Renter Occupied HU | 329 ( 8.3%) |
| Vacant Housing Units | 297 ( 7.5%) |
| Median Home Value | $287,010 |
| Average Home Value | $295,793 |
Housing Distribution
Address Breakdown
Residential
3,888
Single Family
3,864
Multi-Family
24
Businesses
180
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Listed by: Jason L Harper • Harper Homes Real Estate LLC
Mls Name: MLS United
Mls ID: #4087621
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.