505 W Sheffield RdFultonMS38843
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Nearby investment properties with comparable prices
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 Fulton at 505 W Sheffield Rd, Fulton, MS, 38843 priced at $209,900 pairs $1,508/mo rent with $224/mo cash flow after a $1,027/mo payment. Total monthly income equals $1,508/mo, and annual cash flow comes to $2,687/yr on $69,582 invested. Return on cash invested is 23.77% in year one, and rental yield stands at 8.62% on a $209,900 basis. Equity gained on principal adds $1,354/yr, and 5% annual appreciation accumulates to $57,992 by year five. Five-year ROI measures 123.44% and total cumulative return in cash reaches $85,892. For financing, Ziffy Mortgage’s DSCR program evaluates $1,508/mo property income against a $1,027/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38843, Fulton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 3,498 (66.0%) |
| Renter Occupied HU | 1,055 (19.9%) |
| Vacant Housing Units | 750 (14.1%) |
| Median Home Value | $140,759 |
| Average Home Value | $244,895 |
Housing Distribution
Address Breakdown
Residential
4,761
Single Family
4,699
Multi-Family
62
Businesses
438
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Listed by: Andy&Christa Estes • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls ID: #25-2638