61 Deerrun LnWest PointMS39773
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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
Rental property for sale in West Point at 61 Deerrun Ln, West Point, MS, 39773 generates $1,310/mo in rent and, after a $661/mo payment, leaves $484/mo in cash flow. Total monthly income is $1,310/mo, and annual cash flow is $5,803/yr on $44,753 invested. Return on cash invested sits at 32.88% in year one, and rental yield is 11.64% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 172.31% and total cumulative return in cash sums $77,113. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,310/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
3.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39773, West Point, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,167 (100%) |
| Owner Occupied HU | 4,436 (61.9%) |
| Renter Occupied HU | 1,800 (25.1%) |
| Vacant Housing Units | 931 (13.0%) |
| Median Home Value | $128,292 |
| Average Home Value | $204,758 |
Housing Distribution
Address Breakdown
Residential
6,801
Single Family
6,463
Multi-Family
338
Businesses
719
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Listed by: Andrew Dichiara • MOSSY OAK PROPERTIES BOTTOMLAND REAL ESTATE
Mls Name: Greater Golden Triangle Realtors
Mls ID: #24-2518
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.