504 Line St SPhiladelphiaMS39350
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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
Rental property for sale in Philadelphia at 504 Line St S, Philadelphia, MS, 39350 priced at $164,000 pairs $1,283/mo rent with $279/mo cash flow after a $803/mo payment. Total monthly income equals $1,283/mo, and annual cash flow comes to $3,349/yr on $54,366 invested. Return on cash invested is 26.07% in year one, and rental yield stands at 9.39% on a $164,000 basis. Equity gained on principal adds $1,058/yr, and 5% annual appreciation accumulates to $45,310 by year five. Five-year ROI measures 135.85% and total cumulative return in cash reaches $73,857. For financing, Ziffy Mortgage’s DSCR program evaluates $1,283/mo property income against a $803/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39350, Philadelphia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,916 (100%) |
| Owner Occupied HU | 6,793 (68.5%) |
| Renter Occupied HU | 2,174 (21.9%) |
| Vacant Housing Units | 949 ( 9.6%) |
| Median Home Value | $115,180 |
| Average Home Value | $151,753 |
Housing Distribution
Address Breakdown
Residential
9,593
Single Family
9,279
Multi-Family
314
Businesses
955
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Listed by: Britt M Barnes • Britt Barnes Realty Group
Mls Name: MLS United
Mls ID: #4091738
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.