603 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 603 Mitchell St, Guntown, MS, 38849 listed at $149,900 pairs $1,128/mo rent with a $734/mo payment to leave $141/mo cash flow. Total monthly income runs $1,128/mo, and annual cash flow reaches $1,693/yr on $49,692 cash to close. Return on cash invested measures 23.32% in year one, and rental yield registers 9.03% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 121.71% and total cumulative return in cash totals $60,479. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,128/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A 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: Marshall Jenkins • JHB Realty, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-2542
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.