63 County Road 1DennisMS38838
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
Rental property for sale in Dennis at 63 County Road 1, Dennis, MS, 38838 offers $1,435/mo rent that, after a $881/mo payment, leaves $334/mo cash flow. Total monthly income is $1,435/mo, and annual cash flow is $4,004/yr on $59,637 cash. Return on cash invested measures 26.62% in year one, and rental yield stands at 9.57% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 138.78% and total cumulative return in cash reaches $82,761. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,435/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
3.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38838, Dennis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 752 (100%) |
| Owner Occupied HU | 497 (66.1%) |
| Renter Occupied HU | 91 (12.1%) |
| Vacant Housing Units | 164 (21.8%) |
| Median Home Value | $155,452 |
| Average Home Value | $174,598 |
Housing Distribution
Address Breakdown
Residential
640
Single Family
640
Multi-Family
0
Businesses
26
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Nearby investment properties with comparable prices
Listed by: Shannon Rowland • Crye-Leike Realtors
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1500
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.