51 Blakney Creek Church RdCollinsMS39428
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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 Collins at 51 Blakney Creek Church Rd, Collins, MS, 39428 generates $1,320/mo in rent and, after a $727/mo payment, leaves $411/mo in cash flow. Total monthly income is $1,320/mo, and annual cash flow is $4,933/yr on $49,228 invested. Return on cash invested sits at 29.93% in year one, and rental yield is 10.67% on a $148,500 entry. Equity gained on principal adds $958/yr, while 5% annual appreciation builds toward $41,028 over five years. Five-year ROI reaches 156.6% and total cumulative return in cash sums $77,091. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39428, Collins, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,056 (100%) |
| Owner Occupied HU | 2,856 (70.4%) |
| Renter Occupied HU | 704 (17.4%) |
| Vacant Housing Units | 496 (12.2%) |
| Median Home Value | $89,755 |
| Average Home Value | $140,447 |
Housing Distribution
Address Breakdown
Residential
3,436
Single Family
3,283
Multi-Family
153
Businesses
359
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Listed by: Linda Curlee • Main Street Realty LLC
Mls Name: MLS United
Mls ID: #4100082
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.