502 Kennedy Dr NW, Magee, MS, 39111 | $448/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Magee at 502 Kennedy Dr NW, Magee, MS, 39111 with 5% annual appreciation on a $165,000 basis while $1,458/mo rent supports operations. Total monthly income totals $1,458/mo and a $808/mo payment preserves $448/mo for cash returns. Annual cash flow comes to $5,374/yr on $54,698 deployed, and return on cash invested reaches 29.73% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 10.6%. Five-year ROI measures 155.46% and total cumulative return in cash totals $85,031.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,458/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1970

0.29 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