504 Big Black RdKilmichaelMS39747
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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 Kilmichael at 504 Big Black Rd, Kilmichael, MS, 39747 offers a 9.11% rental yield on a $105,000 purchase with $797/mo rent. Total monthly income registers $797/mo, and a $514/mo payment leaves $116/mo available for distribution. Annual cash flow reaches $1,392/yr on $34,808 to close, and return on cash invested stands at 23.91% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 124.7% and total cumulative return in cash at $43,406. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $797/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
1,425 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39747, Kilmichael, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 911 (100%) |
| Owner Occupied HU | 602 (66.1%) |
| Renter Occupied HU | 105 (11.5%) |
| Vacant Housing Units | 204 (22.4%) |
| Median Home Value | $122,685 |
| Average Home Value | $161,366 |
Housing Distribution
Address Breakdown
Residential
702
Single Family
702
Multi-Family
0
Businesses
46
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Listed by: Mary Spell • Cravens Properties, LLC
Mls Name: My State MLS
Mls ID: #11462119