705-707 Farmer StPt GibsonMS39150
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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 Pt Gibson at 705-707 Farmer St, Pt Gibson, MS, 39150 generates $1,350/mo in rent and, after a $857/mo payment, leaves $279/mo in cash flow. Total monthly income is $1,350/mo, and annual cash flow is $3,343/yr on $58,013 invested. Return on cash invested sits at 25.67% in year one, and rental yield is 9.26% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 133.68% and total cumulative return in cash sums $77,551. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,350/mo property income rather than buyer’s personal income.
Single Family
Built in 1811
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39150, Port Gibson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,537 (100%) |
| Owner Occupied HU | 1,562 (61.6%) |
| Renter Occupied HU | 573 (22.6%) |
| Vacant Housing Units | 402 (15.8%) |
| Median Home Value | $82,893 |
| Average Home Value | $110,733 |
Housing Distribution
Address Breakdown
Residential
2,201
Single Family
2,087
Multi-Family
114
Businesses
212
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Listed by: Kenny Strawn • McMillin Real Estate & Appraisal, Inc.
Mls Name: Vicksburg Warren County BOR
Mls ID: #31574