75 Thaxton Hills DrThaxtonMS38871
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
Investment Highlights
Rental property for sale in Thaxton at 75 Thaxton Hills Dr, Thaxton, MS, 38871 priced at $269,000 converts $1,966/mo rent into $319/mo cash flow after a $1,317/mo obligation. Total monthly income equals $1,966/mo, and annual cash flow totals $3,834/yr on $89,174 invested. Return on cash invested prints 24.21% in year one, and rental yield reads 8.77% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 125.83% and total cumulative return in cash sums $112,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,966/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Single Family
Built in N/A
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38871, Thaxton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 708 (76.5%) |
| Renter Occupied HU | 149 (16.1%) |
| Vacant Housing Units | 69 ( 7.5%) |
| Median Home Value | $159,274 |
| Average Home Value | $185,629 |
Housing Distribution
Address Breakdown
Residential
899
Single Family
899
Multi-Family
0
Businesses
29
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Listed by: Ann Pernell • Rachel Ray Real Estate LLC
Mls Name: NMMLS
Mls ID: #26-106