6060 Highway 13MortonMS39117
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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 Morton at 6060 Highway 13, Morton, MS, 39117 listed at $300,000 pairs $1,886/mo rent with a $1,468/mo payment to leave $51/mo cash flow. Total monthly income runs $1,886/mo, and annual cash flow reaches $606/yr on $99,450 cash to close. Return on cash invested measures 20.52% in year one, and rental yield registers 7.54% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 106.03% and total cumulative return in cash totals $105,444. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,886/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
34.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39117, Morton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,252 (100%) |
| Owner Occupied HU | 2,897 (68.1%) |
| Renter Occupied HU | 858 (20.2%) |
| Vacant Housing Units | 497 (11.7%) |
| Median Home Value | $115,229 |
| Average Home Value | $173,523 |
Housing Distribution
Address Breakdown
Residential
4,187
Single Family
4,103
Multi-Family
84
Businesses
221
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A