60343 Cotton Gin Port RdAmoryMS38821
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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 Amory at 60343 Cotton Gin Port Rd, Amory, MS, 38821 uses $82,875 cash to close to unlock $6,453/yr annual cash flow and $538/mo monthly cash flow. Total monthly income runs $2,068/mo, and a $1,224/mo payment keeps the spread at $538/mo. Purchase price stands at $250,000, and rental yield measures 9.93% with $2,068/mo rent. Return on cash invested shows 27.7% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 144.5% and total cumulative return in cash records $119,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,068/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38821, Amory, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,742 (100%) |
| Owner Occupied HU | 3,727 (64.9%) |
| Renter Occupied HU | 977 (17.0%) |
| Vacant Housing Units | 1,038 (18.1%) |
| Median Home Value | $164,927 |
| Average Home Value | $206,246 |
Housing Distribution
Address Breakdown
Residential
5,335
Single Family
5,224
Multi-Family
111
Businesses
588
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Listed by: Penny Leech • LEECH REAL ESTATE
Mls Name: NMMLS
Mls ID: #25-1832