52375 Highway 278 EGattmanMS38844
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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 Gattman at 52375 Highway 278 E, Gattman, MS, 38844 generates $2,765/mo in rent, after a $5,873/mo payment. Total monthly income is $2,765/mo. Return on cash invested sits at 6.24% in year one, and rental yield is 2.77% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 29.35% and total cumulative return in cash sums $114,107. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,765/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
27.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38844, Gattman, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 106 (100%) |
| Owner Occupied HU | 67 (63.2%) |
| Renter Occupied HU | 8 ( 7.5%) |
| Vacant Housing Units | 31 (29.2%) |
| Median Home Value | $69,167 |
| Average Home Value | $115,224 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
Multi-Family
0
Businesses
5
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Listed by: Lynda Moore • White Oak Realty, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #23-3804
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.