508 8th St SAmoryMS38821
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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 Amory at 508 8th St S, Amory, MS, 38821 priced at $125,000 converts $964/mo rent into $184/mo cash flow after a $612/mo obligation. Total monthly income equals $964/mo, and annual cash flow totals $2,205/yr on $41,438 invested. Return on cash invested prints 25.23% in year one, and rental yield reads 9.25% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 131.49% and total cumulative return in cash sums $54,485. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $964/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.35 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: Jamison Jj Birks • Always Real Estate Company
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-41
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.