502 Martin Luther King DrDuck HillMS38925
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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 Duck Hill at 502 Martin Luther King Dr, Duck Hill, MS, 38925 offers a 9.38% rental yield on a $108,900 purchase with $851/mo rent. Total monthly income registers $851/mo, and a $533/mo payment leaves $185/mo available for distribution. Annual cash flow reaches $2,215/yr on $36,100 to close, and return on cash invested stands at 26.05% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,087 over five years. Portfolio math shows five-year ROI at 135.76% and total cumulative return in cash at $49,010. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $851/mo property income against a $533/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38925, Duck Hill, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,266 (100%) |
| Owner Occupied HU | 815 (64.4%) |
| Renter Occupied HU | 197 (15.6%) |
| Vacant Housing Units | 254 (20.1%) |
| Median Home Value | $121,411 |
| Average Home Value | $169,979 |
Housing Distribution
Address Breakdown
Residential
862
Single Family
790
Multi-Family
72
Businesses
26
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Listed by: Heather Traub • Dave's Realty
Mls Name: My State MLS
Mls ID: #11411204