46 Tara RdNatchezMS39120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Natchez at 46 Tara Rd, Natchez, MS, 39120 priced at $459,500 converts $3,151/mo rent into $266/mo cash flow after a $2,249/mo obligation. Total monthly income equals $3,151/mo, and annual cash flow totals $3,197/yr on $152,324 invested. Return on cash invested prints 22.01% in year one, and rental yield reads 8.23% against a $459,500 entry. Equity gained on principal adds $2,965/yr, while 5% annual appreciation compiles into $126,951 by year five. Five-year ROI reaches 114.22% and total cumulative return in cash sums $173,988. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,151/mo property income covering a $2,249/mo payment, not borrower’s personal income.
Single Family
Built in 2016
1.39 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39120, Natchez, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 8,965 (60.5%) |
| Renter Occupied HU | 3,669 (24.8%) |
| Vacant Housing Units | 2,188 (14.8%) |
| Median Home Value | $113,399 |
| Average Home Value | $184,808 |
Housing Distribution
Address Breakdown
Residential
13,672
Single Family
12,419
Multi-Family
1,253
Businesses
1,219
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Listed by: Donna M Ball • Paul Green & Associates Realtors
Mls Name: MLS United
Mls ID: #4095706
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.