701 County Road 823Blue MountainMS38610
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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
Investment Highlights
Investment property for sale in Blue Mountain at 701 County Road 823, Blue Mountain, MS, 38610 offers a 9.9% rental yield on a $150,000 purchase with $1,238/mo rent. Total monthly income registers $1,238/mo, and a $734/mo payment leaves $304/mo available for distribution. Annual cash flow reaches $3,646/yr on $49,725 to close, and return on cash invested stands at 27.24% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 142.23% and total cumulative return in cash at $70,722. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,238/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38610, Blue Mountain, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,527 (100%) |
| Owner Occupied HU | 1,037 (67.9%) |
| Renter Occupied HU | 295 (19.3%) |
| Vacant Housing Units | 195 (12.8%) |
| Median Home Value | $160,220 |
| Average Home Value | $179,409 |
Housing Distribution
Address Breakdown
Residential
1,437
Single Family
1,437
Multi-Family
0
Businesses
52
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Listed by: Gissel Rivera • Crye-Leike Realtors
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1034
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.