62 Mag Williams RdHeidelbergMS39439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Heidelberg at 62 Mag Williams Rd, Heidelberg, MS, 39439 at $299,900 posts ROI 29.17% with $768/mo cash flow from $2,603/mo rent. Total monthly income equals $2,603/mo, and annual cash flow records $9,212/yr on $99,417 to close. Return on cash invested measures 29.17% and rental yield reads 10.42% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 152.44% and total cumulative return in cash totals $151,552.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,603/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39439, Heidelberg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,096 (100%) |
| Owner Occupied HU | 1,560 (74.4%) |
| Renter Occupied HU | 249 (11.9%) |
| Vacant Housing Units | 287 (13.7%) |
| Median Home Value | $139,151 |
| Average Home Value | $159,090 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,727
Multi-Family
0
Businesses
119
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Nearby investment properties with comparable prices
Listed by: Jacob Collins • Red Fox Realty
Mls Name: LBOR
Mls ID: #36750
Disclaimer: Copyright Laurel Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.