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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in McComb at 715 N James Ave, McComb, MS, 39648 priced at $224,900 converts $870/mo rent into after a $1,101/mo obligation. Total monthly income equals $870/mo. Return on cash invested prints 11.21% in year one, and rental yield reads 4.64% against a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation compiles into $62,136 by year five. Five-year ROI reaches 56.32% and total cumulative return in cash sums $41,989. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $870/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 39648, Mccomb, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,263 (100%) |
| Owner Occupied HU | 5,400 (52.6%) |
| Renter Occupied HU | 3,367 (32.8%) |
| Vacant Housing Units | 1,496 (14.6%) |
| Median Home Value | $121,473 |
| Average Home Value | $169,057 |
Residential
9,139
Single Family
8,370
Multi-Family
769
Businesses
973
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Price change | $224,900 |
| 2024-08-03 | Price change | $229,000 |
| 2024-06-10 | Listed for sale | $237,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-16 | $1916.48 | 0.33% | $12,734 | N/A |
| 2021-10-16 | $1910.12 | N/A | $12,734 | -0.99% |
| 2020-10-16 | N/A | N/A | $12,861 | -0.16% |
Listed by: Kristen Mcbeth • United Country-Southern States Realty
Mls Name: Southwest Mississippi BOR
Mls ID: #141534
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.
