461 Highway 545MageeMS39111
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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 Magee at 461 Highway 545, Magee, MS, 39111 listed at $121,900 pairs $1,080/mo rent with a $597/mo payment to leave $334/mo cash flow. Total monthly income runs $1,080/mo, and annual cash flow reaches $4,004/yr on $40,410 cash to close. Return on cash invested measures 29.82% in year one, and rental yield registers 10.63% at a $121,900 basis. Equity gained on principal adds $787/yr, and annual property appreciation at 5% supports $33,679 by year five. Five-year ROI tracks 155.91% and total cumulative return in cash totals $63,004. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,080/mo property income relative to a $597/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39111, Magee, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 2,485 (60.9%) |
| Renter Occupied HU | 996 (24.4%) |
| Vacant Housing Units | 600 (14.7%) |
| Median Home Value | $155,105 |
| Average Home Value | $163,878 |
Housing Distribution
Address Breakdown
Residential
3,972
Single Family
3,650
Multi-Family
322
Businesses
586
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Listed by: Chris Curlee • Main Street Realty LLC
Mls Name: MLS United
Mls ID: #4133482