604 Circle DrFultonMS38843
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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 Fulton at 604 Circle Dr, Fulton, MS, 38843 uses $84,499 cash to close to unlock $1,915/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $1,774/mo, and a $1,248/mo payment keeps the spread at $160/mo. Purchase price stands at $254,900, and rental yield measures 8.35% with $1,774/mo rent. Return on cash invested shows 22.18% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 115.2% and total cumulative return in cash records $97,344. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,774/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38843, Fulton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 3,498 (66.0%) |
| Renter Occupied HU | 1,055 (19.9%) |
| Vacant Housing Units | 750 (14.1%) |
| Median Home Value | $140,759 |
| Average Home Value | $244,895 |
Housing Distribution
Address Breakdown
Residential
4,761
Single Family
4,699
Multi-Family
62
Businesses
438
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Listed by: Heather Clark • AIM HIGH REALTY, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-2122
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.