755 Salem AveHolly SpringsMS38635
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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 Holly Springs at 755 Salem Ave, Holly Springs, MS, 38635 generates $2,482/mo in rent and, after a $1,346/mo payment, leaves $799/mo in cash flow. Total monthly income is $2,482/mo, and annual cash flow is $9,590/yr on $91,163 invested. Return on cash invested sits at 30.43% in year one, and rental yield is 10.83% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 159.21% and total cumulative return in cash sums $145,139. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,482/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38635, Holly Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,181 (100%) |
| Owner Occupied HU | 3,704 (59.9%) |
| Renter Occupied HU | 1,301 (21.0%) |
| Vacant Housing Units | 1,176 (19.0%) |
| Median Home Value | $192,125 |
| Average Home Value | $239,081 |
Housing Distribution
Address Breakdown
Residential
6,057
Single Family
5,801
Multi-Family
256
Businesses
509
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Listed by: Eric C Bell • Re/Max Experts
Mls Name: MLS United
Mls ID: #4126601