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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Brookhaven at 624 Mockingbird Dr, Brookhaven, MS, 39601 uses $72,101 cash to close to unlock $4,509/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $1,715/mo, and a $1,065/mo payment keeps the spread at $376/mo. Purchase price stands at $217,500, and rental yield measures 9.46% with $1,715/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $60,091 over five years. Five-year ROI reaches 136.33% and total cumulative return in cash records $98,298. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,715/mo property income covering a $1,065/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 39601, Brookhaven, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,552 (100%) |
| Owner Occupied HU | 6,925 (65.6%) |
| Renter Occupied HU | 2,379 (22.5%) |
| Vacant Housing Units | 1,248 (11.8%) |
| Median Home Value | $154,543 |
| Average Home Value | $215,617 |
Residential
10,229
Single Family
9,796
Multi-Family
433
Businesses
920
Date | Event | Price |
|---|---|---|
| 2024-12-23 | Listed for sale | $217,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-29 | $1549.87 | -0.04% | $12,748 | N/A |
| 2022-01-29 | $1550.50 | N/A | $12,748 | 20.11% |
| 2020-01-29 | $1550.50 | 10.03% | $10,614 | -2.68% |
Listed by: Chad Smith • Landmax Properties LLC
Mls Name: Southwest Mississippi BOR
Mls ID: #143759
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
