609 N Rutherford DrKilmichaelMS39747
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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 Kilmichael at 609 N Rutherford Dr, Kilmichael, MS, 39747 uses $65,969 cash to close to unlock $8,055/yr annual cash flow and $671/mo monthly cash flow. Total monthly income runs $1,889/mo, and a $974/mo payment keeps the spread at $671/mo. Purchase price stands at $199,000, and rental yield measures 11.39% with $1,889/mo rent. Return on cash invested shows 32.12% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 168.29% and total cumulative return in cash records $111,018. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,889/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1978
5.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39747, Kilmichael, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 911 (100%) |
| Owner Occupied HU | 602 (66.1%) |
| Renter Occupied HU | 105 (11.5%) |
| Vacant Housing Units | 204 (22.4%) |
| Median Home Value | $122,685 |
| Average Home Value | $161,366 |
Housing Distribution
Address Breakdown
Residential
702
Single Family
702
Multi-Family
0
Businesses
46
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Listed by: Pam Powers • Powers Properties
Mls Name: MLS United
Mls ID: #4120968