706 Griffin StWest PointMS39773
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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 West Point at 706 Griffin St, West Point, MS, 39773 generates $1,442/mo in rent and, after a $734/mo payment, leaves $524/mo in cash flow. Total monthly income is $1,442/mo, and annual cash flow is $6,291/yr on $49,725 invested. Return on cash invested sits at 32.56% in year one, and rental yield is 11.54% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 170.68% and total cumulative return in cash sums $84,870. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,442/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39773, West Point, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,167 (100%) |
| Owner Occupied HU | 4,436 (61.9%) |
| Renter Occupied HU | 1,800 (25.1%) |
| Vacant Housing Units | 931 (13.0%) |
| Median Home Value | $128,292 |
| Average Home Value | $204,758 |
Housing Distribution
Address Breakdown
Residential
6,801
Single Family
6,463
Multi-Family
338
Businesses
719
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Listed by: Tara Parham • Pathway Real Estate
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-2552
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.