519 State Highway 15 S, New Albany, MS, 38652 | $170/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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519 State Highway 15 S, New Albany, MS, 38652 | $170/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Albany at 519 State Highway 15 S, New Albany, MS, 38652 earns $170/mo cash flow from $2,183/mo rent with a $1,610/mo payment. Total monthly income totals $2,183/mo, and annual cash flow totals $2,040/yr on $109,064 capital. ROI tracks 21.78% on current figures, and rental yield reads 7.96% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 112.75% and total cumulative return in cash sums $122,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,183/mo property income instead of your personal income.

Single Family

Built in N/A

5.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Conveniently located just minutes from downtown New Albany, this spacious 4-bedroom, 3-bath home offers the perfect blend of privacy and accessibility. Set on over 5 acres with plenty of road frontage, the property provides ample space for outdoor living, gardening, or future expansion. Inside, you'll find comfortable living areas, a functional floor plan, and plenty of natural light throughout. Enjoy country-style tranquility while being only a short drive from shopping, dining, and entertainment.

Neighborhood Data

Neighborhood data shown for ZIP Code: 38652, New Albany, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,643 (100%)
Owner Occupied HU	5,086 (66.5%)
Renter Occupied HU	1,831 (24.0%)
Vacant Housing Units	726 ( 9.5%)
Median Home Value	$176,246
Average Home Value	$225,845