61 Katie LnByhaliaMS38611
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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 Byhalia at 61 Katie Ln, Byhalia, MS, 38611 with 5% annual appreciation on a $275,000 basis while $2,074/mo rent supports operations. Total monthly income totals $2,074/mo and a $1,346/mo payment preserves $391/mo for cash returns. Annual cash flow comes to $4,694/yr on $91,163 deployed, and return on cash invested reaches 25.06% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 9.05%. Five-year ROI measures 130.41% and total cumulative return in cash totals $118,883.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,074/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38611, Byhalia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,824 (100%) |
| Owner Occupied HU | 5,592 (71.5%) |
| Renter Occupied HU | 1,104 (14.1%) |
| Vacant Housing Units | 1,128 (14.4%) |
| Median Home Value | $237,625 |
| Average Home Value | $262,857 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
7,032
Multi-Family
89
Businesses
350
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Listed by: Marcia C Almand • Century 21 Home First Realtors
Mls Name: MLS United
Mls ID: #4131368