6767 Highway 13MortonMS39117
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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 Morton at 6767 Highway 13, Morton, MS, 39117 offers a 5.86% rental yield on a $360,000 purchase with $1,757/mo rent. 42% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 78.68% and total cumulative return in cash at $93,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,757/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
24.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39117, Morton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,252 (100%) |
| Owner Occupied HU | 2,897 (68.1%) |
| Renter Occupied HU | 858 (20.2%) |
| Vacant Housing Units | 497 (11.7%) |
| Median Home Value | $115,229 |
| Average Home Value | $173,523 |
Housing Distribution
Address Breakdown
Residential
4,187
Single Family
4,103
Multi-Family
84
Businesses
221
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Listed by: Noah Bridges • Turn Key Properties, LLC
Mls Name: MLS United
Mls ID: #4127287