629 Virginia AveMcCombMS39648
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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
Rental property for sale in McComb at 629 Virginia Ave, McComb, MS, 39648 offers $1,110/mo rent that, after a $683/mo payment, leaves $256/mo cash flow. Total monthly income is $1,110/mo, and annual cash flow is $3,073/yr on $46,244 cash. Return on cash invested measures 26.55% in year one, and rental yield stands at 9.55% at a $139,500 entry. Equity gained on principal adds $900/yr while 5% annual appreciation compounds into $38,541 by year five. Five-year ROI records 138.51% and total cumulative return in cash reaches $64,053. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,110/mo property income versus a $683/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39648, Mccomb, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,263 (100%) |
| Owner Occupied HU | 5,400 (52.6%) |
| Renter Occupied HU | 3,367 (32.8%) |
| Vacant Housing Units | 1,496 (14.6%) |
| Median Home Value | $121,473 |
| Average Home Value | $169,057 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
8,370
Multi-Family
769
Businesses
973
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Listed by: Scott Campbell • United Country-Southern States Realty
Mls Name: Southwest Mississippi BOR
Mls ID: #143869
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.