659 Cottrell AveHolly SpringsMS38635
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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 Holly Springs at 659 Cottrell Ave, Holly Springs, MS, 38635 offers a 10.71% rental yield on a $175,000 purchase with $1,562/mo rent. Total monthly income registers $1,562/mo, and a $857/mo payment leaves $491/mo available for distribution. Annual cash flow reaches $5,887/yr on $58,013 to close, and return on cash invested stands at 30.06% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 157.2% and total cumulative return in cash at $91,195. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,562/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38635, Holly Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,181 (100%) |
| Owner Occupied HU | 3,704 (59.9%) |
| Renter Occupied HU | 1,301 (21.0%) |
| Vacant Housing Units | 1,176 (19.0%) |
| Median Home Value | $192,125 |
| Average Home Value | $239,081 |
Housing Distribution
Address Breakdown
Residential
6,057
Single Family
5,801
Multi-Family
256
Businesses
509
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Listed by: Brooke Boone • Harris & Harris Realty Group
Mls Name: MLS United
Mls ID: #4135156