509 7th St NAmoryMS38821
Nearby investment properties with comparable rents
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
Investment property for sale in Amory at 509 7th St N, Amory, MS, 38821 offers a 13.17% rental yield on a $117,000 purchase with $1,284/mo rent. Total monthly income registers $1,284/mo, and a $573/mo payment leaves $557/mo available for distribution. Annual cash flow reaches $6,681/yr on $38,786 to close, and return on cash invested stands at 37.13% in year one. Equity gained on principal adds $755/yr while 5% annual appreciation supports $32,325 over five years. Portfolio math shows five-year ROI at 195.26% and total cumulative return in cash at $75,733. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,284/mo property income against a $573/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A