681 Main StWalnutMS38683
INVESTMENT ANALYSIS
Investment Verdict
Solid Income681 Main St, Walnut, MS, 38683 in Walnut is a solid income-producing rental, 9.57% gross yield, $1,435/mo rent, $334/mo net cash flow on a $179,900 buy. DSCR 1.77 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $49,703 and $1,657/yr in principal reduction project a total cumulative return of $89,674.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $334 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,435 |
| Total Monthly Debt Service | $1,029 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38683, Walnut, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,381 (100%) |
| Owner Occupied HU | 1,573 (66.1%) |
| Renter Occupied HU | 455 (19.1%) |
| Vacant Housing Units | 353 (14.8%) |
| Median Home Value | $113,632 |
| Average Home Value | $154,949 |
Housing Distribution
Address Breakdown
Residential
2,180
Single Family
2,180
Multi-Family
0
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in N/A
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38683, Walnut, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,381 (100%) |
| Owner Occupied HU | 1,573 (66.1%) |
| Renter Occupied HU | 455 (19.1%) |
| Vacant Housing Units | 353 (14.8%) |
| Median Home Value | $113,632 |
| Average Home Value | $154,949 |
Housing Distribution
Address Breakdown
Residential
2,180
Single Family
2,180
Multi-Family
0
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Summer Burcham • Wilco Real Estate Group
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-2968
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.