673 Lee RdByhaliaMS38611
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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 Byhalia at 673 Lee Rd, Byhalia, MS, 38611 earns $594/mo cash flow from $2,668/mo rent with a $1,659/mo payment. Total monthly income totals $2,668/mo, and annual cash flow totals $7,125/yr on $112,379 capital. ROI tracks 26.25% on current figures, and rental yield reads 9.44% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 136.75% and total cumulative return in cash sums $153,676. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,668/mo property income instead of your personal income.
Single Family
Built in 1999
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38611, Byhalia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,824 (100%) |
| Owner Occupied HU | 5,592 (71.5%) |
| Renter Occupied HU | 1,104 (14.1%) |
| Vacant Housing Units | 1,128 (14.4%) |
| Median Home Value | $237,625 |
| Average Home Value | $262,857 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
7,032
Multi-Family
89
Businesses
350
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Listed by: Tamara Y Dickerson • RE/MAX Realty Group
Mls Name: MLS United
Mls ID: #4089180
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.