610 Poplar StMagnoliaMS39652
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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 Magnolia at 610 Poplar St, Magnolia, MS, 39652 uses $52,709 cash to close to unlock $7,215/yr annual cash flow and $601/mo monthly cash flow. Total monthly income runs $1,574/mo, and a $778/mo payment keeps the spread at $601/mo. Purchase price stands at $159,000, and rental yield measures 11.88% with $1,574/mo rent. Return on cash invested shows 33.6% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 176.21% and total cumulative return in cash records $92,880. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,574/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39652, Magnolia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 2,697 (66.6%) |
| Renter Occupied HU | 617 (15.2%) |
| Vacant Housing Units | 736 (18.2%) |
| Median Home Value | $105,368 |
| Average Home Value | $149,638 |
Housing Distribution
Address Breakdown
Residential
3,355
Single Family
3,319
Multi-Family
36
Businesses
211
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Listed by: Anita Orey • Arx Point Realty, LLC
Mls Name: MLS United
Mls ID: #4097964
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.