566 Chickasaw RdPopeMS38658
Nearby investment properties with comparable rents
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
Rental property for sale in Pope at 566 Chickasaw Rd, Pope, MS, 38658 priced at $230,000 converts $1,558/mo rent into $150/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,558/mo, and annual cash flow totals $1,803/yr on $76,245 invested. Return on cash invested prints 22.27% in year one, and rental yield reads 8.13% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 115.48% and total cumulative return in cash sums $88,051. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,558/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38658, Pope, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,097 (100%) |
| Owner Occupied HU | 778 (70.9%) |
| Renter Occupied HU | 153 (13.9%) |
| Vacant Housing Units | 166 (15.1%) |
| Median Home Value | $143,015 |
| Average Home Value | $147,606 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,036
Multi-Family
1
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Rucker • Crye-Leike Oxford Real Estate
Mls Name: NCMBR
Mls Provider:
Mls ID: #159262
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.