583 State Highway 403MathistonMS39752
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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 Mathiston at 583 State Highway 403, Mathiston, MS, 39752 uses $48,266 cash to close to unlock $6,644/yr annual cash flow and $554/mo monthly cash flow. Total monthly income runs $1,445/mo, and a $713/mo payment keeps the spread at $554/mo. Purchase price stands at $145,600, and rental yield measures 11.91% with $1,445/mo rent. Return on cash invested shows 33.67% in year one, and 5% annual appreciation builds toward $40,227 over five years. Five-year ROI reaches 176.6% and total cumulative return in cash records $85,241. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,445/mo property income covering a $713/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39752, Mathiston, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 873 (67.2%) |
| Renter Occupied HU | 173 (13.3%) |
| Vacant Housing Units | 254 (19.5%) |
| Median Home Value | $117,038 |
| Average Home Value | $150,725 |
Housing Distribution
Address Breakdown
Residential
1,161
Single Family
1,112
Multi-Family
49
Businesses
75
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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