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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% |
Investment property for sale in Pontotoc at 7159 Highway 346, Pontotoc, MS, 38863 uses $107,738 cash to close to unlock $5,710/yr annual cash flow and $476/mo monthly cash flow. Total monthly income runs $2,465/mo, and a $1,591/mo payment keeps the spread at $476/mo. Purchase price stands at $325,000, and rental yield measures 9.1% with $2,465/mo rent. Return on cash invested shows 25.21% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 131.18% and total cumulative return in cash records $141,325. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,465/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 6,242 (64.7%) |
| Renter Occupied HU | 2,126 (22.0%) |
| Vacant Housing Units | 1,287 (13.3%) |
| Median Home Value | $170,000 |
| Average Home Value | $209,586 |
Residential
9,055
Single Family
8,985
Multi-Family
70
Businesses
685
Date | Event | Price |
|---|---|---|
| 2025-01-22 | Price change | $325,000 |
| 2024-12-09 | Price change | $339,000 |
| 2024-11-26 | Price change | $345,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-28 | $2077.80 | 26.56% | $18,454 | 22.46% |
| 2022-01-28 | $1641.77 | N/A | $15,070 | N/A |
| 2021-01-28 | $1641.77 | N/A | $15,070 | N/A |
Listed by: Heidi Mills • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-4227
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.
