601 Missouri AveMcCombMS39648
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
Rental property for sale in McComb at 601 Missouri Ave, McComb, MS, 39648 offers $1,169/mo rent that, after a $744/mo payment, leaves $239/mo cash flow. Total monthly income is $1,169/mo, and annual cash flow is $2,866/yr on $50,388 cash. Return on cash invested measures 25.6% in year one, and rental yield stands at 9.23% at a $152,000 entry. Equity gained on principal adds $981/yr while 5% annual appreciation compounds into $41,995 by year five. Five-year ROI records 133.24% and total cumulative return in cash reaches $67,138. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,169/mo property income versus a $744/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39648, Mccomb, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,263 (100%) |
| Owner Occupied HU | 5,400 (52.6%) |
| Renter Occupied HU | 3,367 (32.8%) |
| Vacant Housing Units | 1,496 (14.6%) |
| Median Home Value | $121,473 |
| Average Home Value | $169,057 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
8,370
Multi-Family
769
Businesses
973
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Nearby investment properties with comparable prices
Listed by: Mitzi Cline • Cline Realty, LLC
Mls Name: MLS United
Mls ID: #4093264
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.