643 Old Highway 84 #3RoxieMS39661
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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 Roxie at 643 Old Highway 84 #3, Roxie, MS, 39661 uses $44,090 cash to close to unlock $2,509/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $1,023/mo, and a $651/mo payment keeps the spread at $209/mo. Purchase price stands at $133,000, and rental yield measures 9.23% with $1,023/mo rent. Return on cash invested shows 25.6% in year one, and 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 133.38% and total cumulative return in cash records $58,809. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,023/mo property income covering a $651/mo payment rather than investor’s personal income.
Single Family
Built in 1998
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39661, Roxie, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,519 (100%) |
| Owner Occupied HU | 1,022 (67.3%) |
| Renter Occupied HU | 165 (10.9%) |
| Vacant Housing Units | 332 (21.9%) |
| Median Home Value | $104,589 |
| Average Home Value | $125,037 |
Housing Distribution
Address Breakdown
Residential
1,251
Single Family
1,250
Multi-Family
1
Businesses
19
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Listed by: Zachary Smith • Betsy Smith Properties
Mls Name: Southwest Mississippi BOR
Mls ID: #143886
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.