701 Bowles StBelzoniMS39038
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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 Belzoni at 701 Bowles St, Belzoni, MS, 39038 with 5% annual appreciation on a $245,000 basis while $1,744/mo rent supports operations. Total monthly income totals $1,744/mo and a $1,199/mo payment preserves $245/mo for cash returns. Annual cash flow comes to $2,939/yr on $81,218 deployed, and return on cash invested reaches 23.53% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 8.54%. Five-year ROI measures 122.15% and total cumulative return in cash totals $99,204.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,744/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39038, Belzoni, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,449 (100%) |
| Owner Occupied HU | 1,334 (54.5%) |
| Renter Occupied HU | 816 (33.3%) |
| Vacant Housing Units | 299 (12.2%) |
| Median Home Value | $86,129 |
| Average Home Value | $146,233 |
Housing Distribution
Address Breakdown
Residential
2,173
Single Family
2,050
Multi-Family
123
Businesses
322
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Listed by: Pam Powers • Powers Properties
Mls Name: MLS United
Mls ID: #4096245
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.