5 Hornet DrBelmontMS38827
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
Investment property for sale in Belmont at 5 Hornet Dr, Belmont, MS, 38827 uses $80,521 cash to close to unlock $6,665/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $2,042/mo, and a $1,189/mo payment keeps the spread at $555/mo. Purchase price stands at $242,900, and rental yield measures 10.09% with $2,042/mo rent. Return on cash invested shows 28.19% in year one, and 5% annual appreciation builds toward $67,109 over five years. Five-year ROI reaches 147.15% and total cumulative return in cash records $118,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,042/mo property income covering a $1,189/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38827, Belmont, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 811 (60.6%) |
| Renter Occupied HU | 277 (20.7%) |
| Vacant Housing Units | 250 (18.7%) |
| Median Home Value | $173,825 |
| Average Home Value | $195,697 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
978
Multi-Family
31
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Putt • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-4329
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.