60018 Franklin StSmithvilleMS38870
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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 Smithville at 60018 Franklin St, Smithville, MS, 38870 listed at $113,100 pairs $1,559/mo rent with a $554/mo payment to leave $866/mo cash flow. Total monthly income runs $1,559/mo, and annual cash flow reaches $10,397/yr on $37,493 cash to close. Return on cash invested measures 47.64% in year one, and rental yield registers 16.54% at a $113,100 basis. Equity gained on principal adds $730/yr, and annual property appreciation at 5% supports $31,247 by year five. Five-year ROI tracks 251.54% and total cumulative return in cash totals $94,309. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,559/mo property income relative to a $554/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38870, Smithville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,356 (100%) |
| Owner Occupied HU | 851 (62.8%) |
| Renter Occupied HU | 132 ( 9.7%) |
| Vacant Housing Units | 373 (27.5%) |
| Median Home Value | $144,750 |
| Average Home Value | $175,852 |
Housing Distribution
Address Breakdown
Residential
1,231
Single Family
1,231
Multi-Family
0
Businesses
33
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Listed by: N/A • N/A
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Mls ID: #N/A