706 State StNatchezMS39120
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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 Natchez at 706 State St, Natchez, MS, 39120 offers $3,241/mo rent that, after a $2,320/mo payment, leaves $340/mo cash flow. Total monthly income is $3,241/mo, and annual cash flow is $4,084/yr on $157,131 cash. Return on cash invested measures 22.51% in year one, and rental yield stands at 8.21% at a $474,000 entry. Equity gained on principal adds $3,059/yr while 5% annual appreciation compounds into $130,957 by year five. Five-year ROI records 116.7% and total cumulative return in cash reaches $183,365. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,241/mo property income versus a $2,320/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39120, Natchez, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 8,965 (60.5%) |
| Renter Occupied HU | 3,669 (24.8%) |
| Vacant Housing Units | 2,188 (14.8%) |
| Median Home Value | $113,399 |
| Average Home Value | $184,808 |
Housing Distribution
Address Breakdown
Residential
13,672
Single Family
12,419
Multi-Family
1,253
Businesses
1,219
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Listed by: Jason Dauphin • eXp Realty
Mls Name: MLS United
Mls ID: #4107158