5461 Highway 178 WRed BanksMS38661
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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
Investment property for sale in Red Banks at 5461 Highway 178 W, Red Banks, MS, 38661 earns $249/mo cash flow from $1,442/mo rent with a $954/mo payment. Total monthly income totals $1,442/mo, and annual cash flow totals $2,989/yr on $64,643 capital. ROI tracks 24.53% on current figures, and rental yield reads 8.87% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 127.62% and total cumulative return in cash sums $82,498. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,442/mo property income instead of your personal income.
Single Family
Built in 1965
3.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38661, Red Banks, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 823 (100%) |
| Owner Occupied HU | 635 (77.2%) |
| Renter Occupied HU | 88 (10.7%) |
| Vacant Housing Units | 100 (12.2%) |
| Median Home Value | $236,983 |
| Average Home Value | $273,189 |
Housing Distribution
Address Breakdown
Residential
815
Single Family
815
Multi-Family
0
Businesses
27
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Listed by: Scott A Housewirth • Crye-leike Of Tn-qh Reo Division
Mls Name: MLS United
Mls ID: #4117857