7585 Highway 35BassfieldMS39421
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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
Investment property for sale in Bassfield at 7585 Highway 35, Bassfield, MS, 39421 uses $67,958 cash to close to unlock $6,371/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $1,817/mo, and a $1,003/mo payment keeps the spread at $531/mo. Purchase price stands at $205,000, and rental yield measures 10.64% with $1,817/mo rent. Return on cash invested shows 29.28% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 153.23% and total cumulative return in cash records $104,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,817/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1987
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39421, Bassfield, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,281 (100%) |
| Owner Occupied HU | 923 (72.1%) |
| Renter Occupied HU | 165 (12.9%) |
| Vacant Housing Units | 193 (15.1%) |
| Median Home Value | $111,835 |
| Average Home Value | $124,816 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,168
Multi-Family
0
Businesses
75
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Listed by: Dominique Magee • Haus of Green Realty
Mls Name: HSMLS
Mls Provider:
Mls ID: #143479
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.