61 Main StBelmontMS38827
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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 Belmont at 61 Main St, Belmont, MS, 38827 uses $36,465 cash to close to unlock $2,007/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $840/mo, and a $538/mo payment keeps the spread at $167/mo. Purchase price stands at $110,000, and rental yield measures 9.16% with $840/mo rent. Return on cash invested shows 25.41% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 132.36% and total cumulative return in cash records $48,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $840/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38827, Belmont, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 811 (60.6%) |
| Renter Occupied HU | 277 (20.7%) |
| Vacant Housing Units | 250 (18.7%) |
| Median Home Value | $173,825 |
| Average Home Value | $195,697 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
978
Multi-Family
31
Businesses
116
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Listed by: Tara Bellomy • Property Specialists Realty LLC
Mls Name: NMMLS
Mls ID: #25-3527