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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% |
Rental property for sale in Houston at 765 N Jefferson St, Houston, MS, 38851 offers $1,254/mo rent that, after a $905/mo payment, leaves $122/mo cash flow. Total monthly income is $1,254/mo, and annual cash flow is $1,469/yr on $61,328 cash. Return on cash invested measures 22.3% in year one, and rental yield stands at 8.13% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 115.63% and total cumulative return in cash reaches $70,911. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,254/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38851, Houston, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,872 (100%) |
| Owner Occupied HU | 2,601 (67.2%) |
| Renter Occupied HU | 839 (21.7%) |
| Vacant Housing Units | 432 (11.2%) |
| Median Home Value | $115,228 |
| Average Home Value | $160,800 |
Residential
3,611
Single Family
3,537
Multi-Family
74
Businesses
466
Date | Event | Price |
|---|---|---|
| 2024-10-24 | Listed for sale | $185,000 |
| 2008-11-05 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $469.81 | N/A | $5,409 | 0.56% |
| 2022-11-11 | N/A | N/A | $5,379 | 13.53% |
| 2021-11-11 | N/A | N/A | $4,738 | N/A |
Listed by: Whitney George Mcnutt • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-3760
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.
