57 County Road 373Water ValleyMS38965
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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 Water Valley at 57 County Road 373, Water Valley, MS, 38965 uses $97,793 cash to close to unlock $3,727/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $2,116/mo, and a $1,444/mo payment keeps the spread at $311/mo. Purchase price stands at $295,000, and rental yield measures 8.61% with $2,116/mo rent. Return on cash invested shows 23.72% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 123.2% and total cumulative return in cash records $120,482. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,116/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in N/A
10.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38965, Water Valley, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,458 (100%) |
| Owner Occupied HU | 2,892 (64.9%) |
| Renter Occupied HU | 889 (19.9%) |
| Vacant Housing Units | 677 (15.2%) |
| Median Home Value | $150,475 |
| Average Home Value | $174,296 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,957
Multi-Family
62
Businesses
307
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Listed by: Patrick Kyle Fugitt • Crye-Leike Realtors
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-2284
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.