5575 Highway 587MonticelloMS39654
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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 Monticello at 5575 Highway 587, Monticello, MS, 39654 listed at $115,000 pairs $996/mo rent with a $563/mo payment to leave $292/mo cash flow. Total monthly income runs $996/mo, and annual cash flow reaches $3,505/yr on $38,123 cash to close. Return on cash invested measures 29.1% in year one, and rental yield registers 10.39% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 152.19% and total cumulative return in cash totals $58,017. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $996/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1998
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39654, Monticello, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,562 (100%) |
| Owner Occupied HU | 1,768 (69.0%) |
| Renter Occupied HU | 430 (16.8%) |
| Vacant Housing Units | 364 (14.2%) |
| Median Home Value | $139,031 |
| Average Home Value | $179,671 |
Housing Distribution
Address Breakdown
Residential
2,230
Single Family
2,147
Multi-Family
83
Businesses
238
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Listed by: James Carson • America's Realty- Universal
Mls Name: MLS United
Mls ID: #4119978