58 Watermelon Rd, Ovett, MS, 39464 | 4.68% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ovett at 58 Watermelon Rd, Ovett, MS, 39464 priced at $549,000 pairs $2,141/mo rent with after a $2,687/mo payment. Total monthly income equals $2,141/mo. Return on cash invested is 11.96% in year one, and rental yield stands at 4.68% on a $549,000 basis. Equity gained on principal adds $3,543/yr, and 5% annual appreciation accumulates to $151,679 by year five. Five-year ROI measures 60.12% and total cumulative return in cash reaches $108,596. For financing, Ziffy Mortgage’s DSCR program evaluates $2,141/mo property income against a $2,687/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1986

81 Acres lot

$N/A/sqft

No HOA