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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Vardaman at 605 N Main St, Vardaman, MS, 38878 at $220,000 posts ROI -2.25% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -2.25% and rental yield reads 0% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1941
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38878, Vardaman, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,332 (100%) |
| Owner Occupied HU | 855 (64.2%) |
| Renter Occupied HU | 207 (15.5%) |
| Vacant Housing Units | 270 (20.3%) |
| Median Home Value | $83,421 |
| Average Home Value | $113,561 |
Residential
1,147
Single Family
1,123
Multi-Family
24
Businesses
58
Date | Event | Price |
|---|---|---|
| 2025-04-21 | Listed for sale | $220,000 |
| 2022-08-17 | Sold | N/A |
| 2022-07-15 | Pending sale | $45,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $694.69 | 6.72% | $5,470 | N/A |
| 2023-04-29 | $650.93 | N/A | $5,470 | 68.05% |
| 2022-04-29 | N/A | N/A | $3,255 | N/A |
No similar rental properties found nearby.
Listed by: Chris Suber • Matthews Real Estate
Mls Name: NCMBR
Mls Provider:
Mls ID: #160513
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.
