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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Summit at 5266 Barron Rd, Summit, MS, 39666 offers a 5.46% rental yield on a $315,000 purchase with $1,432/mo rent. 21% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 72.23% and total cumulative return in cash at $75,425. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,432/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
41.66 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 39666, Summit, MS area.
| 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 |
Residential
4,115
Single Family
4,115
Multi-Family
0
Businesses
218
Date | Event | Price |
|---|---|---|
| 2024-08-15 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $395.96 | 3.68% | $12,278 | -0.41% |
| 2022-10-16 | $381.89 | 1.85% | $12,329 | -0.40% |
| 2021-10-16 | $374.94 | -0.35% | $12,379 | 2.41% |
Listed by: Carol Easley • Latter & Blum Hometown Realty, Inc.
Mls Name: Southwest Mississippi BOR
Mls ID: #142948
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.
