669 County Road 3501New SiteMS38859
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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 New Site at 669 County Road 3501, New Site, MS, 38859 offers a 7.07% rental yield on a $199,900 purchase with $1,178/mo rent. 1% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 98.46% and total cumulative return in cash at $65,245. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,178/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38859, New Site, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 445 (100%) |
| Owner Occupied HU | 297 (66.7%) |
| Renter Occupied HU | 31 ( 7.0%) |
| Vacant Housing Units | 117 (26.3%) |
| Median Home Value | $130,921 |
| Average Home Value | $175,219 |
Housing Distribution
Address Breakdown
Residential
294
Single Family
294
Multi-Family
0
Businesses
8
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Listed by: Charlene D. Hill Sfr • 1ST Class Realty, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-732
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.