510 Union StGlosterMS39638
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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 Gloster at 510 Union St, Gloster, MS, 39638 priced at $120,000 pairs $264/mo rent with after a $587/mo payment. Total monthly income equals $264/mo. Return on cash invested is 5.73% in year one, and rental yield stands at 2.64% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 26.71% and total cumulative return in cash reaches $10,627. For financing, Ziffy Mortgage’s DSCR program evaluates $264/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1882
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39638, Gloster, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,956 (100%) |
| Owner Occupied HU | 1,138 (58.2%) |
| Renter Occupied HU | 300 (15.3%) |
| Vacant Housing Units | 518 (26.5%) |
| Median Home Value | $101,955 |
| Average Home Value | $130,180 |
Housing Distribution
Address Breakdown
Residential
1,124
Single Family
1,104
Multi-Family
20
Businesses
86
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Listed by: Lynn James • Berkshire Hathaway HomeServices-Cabin & Creek
Mls Name: MLS United
Mls ID: #4133490