508 Clestel StAmoryMS38821
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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 508 Clestel St, Amory, MS, 38821 earns $475/mo cash flow from $1,340/mo rent with a $692/mo payment. Total monthly income totals $1,340/mo, and annual cash flow totals $5,699/yr on $46,841 capital. ROI tracks 32.08% on current figures, and rental yield reads 11.38% at a $141,300 purchase. Equity gained on principal adds $912/yr, and 5% annual appreciation supports $39,039 over five years. Five-year ROI reaches 168% and total cumulative return in cash sums $78,694. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,340/mo property income instead of your personal income.
Single Family
Built in 1979
1,306 sqft 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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