47 Joan DrEllisvilleMS39437
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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 Ellisville at 47 Joan Dr, Ellisville, MS, 39437 uses $119,009 cash to close to unlock $12,615/yr annual cash flow and $1,051/mo monthly cash flow. Total monthly income runs $3,248/mo, and a $1,757/mo payment keeps the spread at $1,051/mo. Purchase price stands at $359,000, and rental yield measures 10.86% with $3,248/mo rent. Return on cash invested shows 30.51% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 159.62% and total cumulative return in cash records $189,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,248/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 2023
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39437, Ellisville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,334 (100%) |
| Owner Occupied HU | 3,863 (72.4%) |
| Renter Occupied HU | 884 (16.6%) |
| Vacant Housing Units | 587 (11.0%) |
| Median Home Value | $184,585 |
| Average Home Value | $211,798 |
Housing Distribution
Address Breakdown
Residential
5,324
Single Family
5,212
Multi-Family
112
Businesses
331
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Listed by: Susan Blackledge • Magnolia Real Estate
Mls Name: HSMLS
Mls Provider:
Mls ID: #135467
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.