729 Highway 3RedwoodMS39156
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 729 Highway 3, Redwood, MS, 39156 in Redwood: $1,038/mo in rent, $388/mo in net income, 11.73% gross yield, 2.17 DSCR, all at $106,225. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $29,348 in appreciation and $978/yr in principal paydown projects total cumulative return of $65,194.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.2% |
| Monthly Cash Flow | $388 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,038 |
| Total Monthly Debt Service | $608 |
| DSCR Ratio | 1.71x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2022
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39156, Redwood, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 186 (100%) |
| Owner Occupied HU | 129 (69.4%) |
| Renter Occupied HU | 19 (10.2%) |
| Vacant Housing Units | 38 (20.4%) |
| Median Home Value | $168,750 |
| Average Home Value | $200,543 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
158
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2022
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39156, Redwood, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 186 (100%) |
| Owner Occupied HU | 129 (69.4%) |
| Renter Occupied HU | 19 (10.2%) |
| Vacant Housing Units | 38 (20.4%) |
| Median Home Value | $168,750 |
| Average Home Value | $200,543 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
158
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judy Harrell • McMillin Real Estate & Appraisal, Inc.
Mls Name: Vicksburg Warren County BOR
Mls ID: #32857
Disclaimer: Copyright Vicksburg-Warren County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.