590 Highway 511QuitmanMS39355
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Quitman at 590 Highway 511, Quitman, MS, 39355 earns $483/mo cash flow from $1,276/mo rent with a $634/mo payment. Total monthly income totals $1,276/mo, and annual cash flow totals $5,800/yr on $42,929 capital. ROI tracks 33.42% on current figures, and rental yield reads 11.82% at a $129,500 purchase. Equity gained on principal adds $836/yr, and 5% annual appreciation supports $35,778 over five years. Five-year ROI reaches 175.3% and total cumulative return in cash sums $75,254. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,276/mo property income instead of your personal income.
Single Family
Built in 1973
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39355, Quitman, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,311 (100%) |
| Owner Occupied HU | 2,224 (67.2%) |
| Renter Occupied HU | 545 (16.5%) |
| Vacant Housing Units | 542 (16.4%) |
| Median Home Value | $124,740 |
| Average Home Value | $166,029 |
Housing Distribution
Address Breakdown
Residential
2,867
Single Family
2,833
Multi-Family
34
Businesses
276
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gay Lynn Joyner • Crossroads Realty
Mls Name: East Mississippi REALTORS
Mls ID: #25-852