583 County Road 413HoulkaMS38850
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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
Rental property for sale in Houlka at 583 County Road 413, Houlka, MS, 38850 generates $3,706/mo in rent, after a $9,784/mo payment. Total monthly income is $3,706/mo. Return on cash invested sits at 4.57% in year one, and rental yield is 2.22% on a $1,999,000 entry. Equity gained on principal adds $12,899/yr, while 5% annual appreciation builds toward $552,287 over five years. Five-year ROI reaches 20.41% and total cumulative return in cash sums $132,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,706/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
386 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38850, Houlka, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,578 (100%) |
| Owner Occupied HU | 1,032 (65.4%) |
| Renter Occupied HU | 292 (18.5%) |
| Vacant Housing Units | 254 (16.1%) |
| Median Home Value | $87,831 |
| Average Home Value | $115,274 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,545
Multi-Family
0
Businesses
71
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No similar price properties found nearby.
Listed by: JUSTIN MURPHY • WHITETAIL PROPERTIES REAL ESTATE LLC
Mls Name: Greater Golden Triangle Realtors
Mls ID: #26-32