66 McKay StHickory FlatMS38633
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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 Hickory Flat at 66 McKay St, Hickory Flat, MS, 38633 uses $49,394 cash to close to unlock $2,694/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,136/mo, and a $729/mo payment keeps the spread at $224/mo. Purchase price stands at $149,000, and rental yield measures 9.15% with $1,136/mo rent. Return on cash invested shows 25.36% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 132.07% and total cumulative return in cash records $65,236. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,136/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38633, Hickory Flat, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 673 (58.2%) |
| Renter Occupied HU | 203 (17.5%) |
| Vacant Housing Units | 281 (24.3%) |
| Median Home Value | $116,634 |
| Average Home Value | $138,659 |
Housing Distribution
Address Breakdown
Residential
976
Single Family
976
Multi-Family
0
Businesses
38
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Listed by: Nicole Mills • Patty Turk Properties, LLC
Mls Name: NMMLS
Mls ID: #25-3536