69 Wiley AveDurantMS39063
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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 Durant at 69 Wiley Ave, Durant, MS, 39063 listed at $104,700 pairs $1,213/mo rent with a $512/mo payment to leave $573/mo cash flow. Total monthly income runs $1,213/mo, and annual cash flow reaches $6,873/yr on $34,708 cash to close. Return on cash invested measures 39.71% in year one, and rental yield registers 13.9% at a $104,700 basis. Equity gained on principal adds $676/yr, and annual property appreciation at 5% supports $28,927 by year five. Five-year ROI tracks 208.94% and total cumulative return in cash totals $72,520. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,213/mo property income relative to a $512/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39063, Durant, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 804 (60.0%) |
| Renter Occupied HU | 360 (26.9%) |
| Vacant Housing Units | 176 (13.1%) |
| Median Home Value | $70,984 |
| Average Home Value | $96,971 |
Housing Distribution
Address Breakdown
Residential
1,423
Single Family
1,268
Multi-Family
155
Businesses
158
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Listed by: Gre'Ana Clark • Keller Williams
Mls Name: MLS United
Mls ID: #4118126