661 Mitchell StGuntownMS38849
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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 Guntown at 661 Mitchell St, Guntown, MS, 38849 offers a 9.2% rental yield on a $164,000 purchase with $1,257/mo rent. Total monthly income registers $1,257/mo, and a $803/mo payment leaves $253/mo available for distribution. Annual cash flow reaches $3,037/yr on $54,366 to close, and return on cash invested stands at 25.5% in year one. Equity gained on principal adds $1,058/yr while 5% annual appreciation supports $45,310 over five years. Portfolio math shows five-year ROI at 132.81% and total cumulative return in cash at $72,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,257/mo property income against a $803/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38849, Guntown, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,607 (100%) |
| Owner Occupied HU | 2,007 (77.0%) |
| Renter Occupied HU | 345 (13.2%) |
| Vacant Housing Units | 255 ( 9.8%) |
| Median Home Value | $210,938 |
| Average Home Value | $227,904 |
Housing Distribution
Address Breakdown
Residential
2,509
Single Family
2,509
Multi-Family
0
Businesses
45
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Listed by: Amanda Leigh Miller • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1072
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.