501 E Preston StBenoitMS38725
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 Benoit at 501 E Preston St, Benoit, MS, 38725 at $129,000 posts ROI 26.19% with $224/mo cash flow from $1,013/mo rent. Total monthly income equals $1,013/mo, and annual cash flow records $2,688/yr on $42,764 to close. Return on cash invested measures 26.19% and rental yield reads 9.42% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 136.41% and total cumulative return in cash totals $58,333.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,013/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1929
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38725, Benoit, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 447 (100%) |
| Owner Occupied HU | 226 (50.6%) |
| Renter Occupied HU | 110 (24.6%) |
| Vacant Housing Units | 111 (24.8%) |
| Median Home Value | $100,000 |
| Average Home Value | $129,923 |
Housing Distribution
Address Breakdown
Residential
258
Single Family
234
Multi-Family
24
Businesses
12
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Nearby investment properties with comparable prices
Listed by: Anthony Steen • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4120261