504 9th St NAmoryMS38821
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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 Amory at 504 9th St N, Amory, MS, 38821 uses $60,764 cash to close to unlock $10,350/yr annual cash flow and $862/mo monthly cash flow. Total monthly income runs $1,984/mo, and a $897/mo payment keeps the spread at $862/mo. Purchase price stands at $183,300, and rental yield measures 12.99% with $1,984/mo rent. Return on cash invested shows 36.94% in year one, and 5% annual appreciation builds toward $50,642 over five years. Five-year ROI reaches 194.12% and total cumulative return in cash records $117,957. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,984/mo property income covering a $897/mo payment rather than investor’s personal income.
Single Family
Built in 1931
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38821, Amory, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,742 (100%) |
| Owner Occupied HU | 3,727 (64.9%) |
| Renter Occupied HU | 977 (17.0%) |
| Vacant Housing Units | 1,038 (18.1%) |
| Median Home Value | $164,927 |
| Average Home Value | $206,246 |
Housing Distribution
Address Breakdown
Residential
5,335
Single Family
5,224
Multi-Family
111
Businesses
588
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Listed by: N/A • N/A
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