5161 River Rd SSummitMS39666
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 Summit at 5161 River Rd S, Summit, MS, 39666 listed at $120,000 pairs $958/mo rent with a $587/mo payment to leave $224/mo cash flow. Total monthly income runs $958/mo, and annual cash flow reaches $2,688/yr on $39,780 cash to close. Return on cash invested measures 26.67% in year one, and rental yield registers 9.58% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 138.96% and total cumulative return in cash totals $55,279. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $958/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39666, Summit, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,888 (100%) |
| Owner Occupied HU | 3,389 (69.3%) |
| Renter Occupied HU | 834 (17.1%) |
| Vacant Housing Units | 665 (13.6%) |
| Median Home Value | $181,895 |
| Average Home Value | $240,043 |
Housing Distribution
Address Breakdown
Residential
4,115
Single Family
4,115
Multi-Family
0
Businesses
218
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Listed by: Melaine Daigle • Berkshire Hathaway HomeServices-Cabin & Creek
Mls Name: MLS United
Mls ID: #4132567