701 Jenkins StNewtonMS39345
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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
Rental property for sale in Newton at 701 Jenkins St, Newton, MS, 39345 generates $761/mo in rent and, after a $493/mo payment, leaves $145/mo in cash flow. Total monthly income is $761/mo, and annual cash flow is $1,734/yr on $33,415 invested. Return on cash invested sits at 25.1% in year one, and rental yield is 9.06% on a $100,800 entry. Equity gained on principal adds $650/yr, while 5% annual appreciation builds toward $27,849 over five years. Five-year ROI reaches 130.66% and total cumulative return in cash sums $43,659. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $761/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39345, Newton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,693 (100%) |
| Owner Occupied HU | 1,708 (63.4%) |
| Renter Occupied HU | 631 (23.4%) |
| Vacant Housing Units | 354 (13.1%) |
| Median Home Value | $111,066 |
| Average Home Value | $199,542 |
Housing Distribution
Address Breakdown
Residential
2,703
Single Family
2,587
Multi-Family
116
Businesses
329
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Listed by: Melinda Seals • HILL REAL ESTATE GROUP, LLC
Mls Name: East Mississippi REALTORS
Mls Provider:
Mls ID: #25-505
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.