587 Mitchell StGuntownMS38849
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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 Guntown at 587 Mitchell St, Guntown, MS, 38849 with 5% annual appreciation on a $165,000 basis while $1,324/mo rent supports operations. Total monthly income totals $1,324/mo and a $808/mo payment preserves $314/mo for cash returns. Annual cash flow comes to $3,766/yr on $54,698 deployed, and return on cash invested reaches 26.79% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 9.63%. Five-year ROI measures 139.66% and total cumulative return in cash totals $76,391.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,324/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38849, Guntown, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,607 (100%) |
| Owner Occupied HU | 2,007 (77.0%) |
| Renter Occupied HU | 345 (13.2%) |
| Vacant Housing Units | 255 ( 9.8%) |
| Median Home Value | $210,938 |
| Average Home Value | $227,904 |
Housing Distribution
Address Breakdown
Residential
2,509
Single Family
2,509
Multi-Family
0
Businesses
45
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Listed by: Diana Young • Wesley Webb Real Estate
Mls Name: NMMLS
Mls ID: #25-3046