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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 Byhalia at 796 Lee Rd, Byhalia, MS, 38611 priced at $599,999 converts $3,198/mo rent into after a $2,937/mo obligation. Total monthly income equals $3,198/mo. Return on cash invested prints 17.18% in year one, and rental yield reads 6.4% against a $599,999 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 88.07% and total cumulative return in cash sums $173,855. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,198/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 2007
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38611, Byhalia, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,824 (100%) |
| Owner Occupied HU | 5,592 (71.5%) |
| Renter Occupied HU | 1,104 (14.1%) |
| Vacant Housing Units | 1,128 (14.4%) |
| Median Home Value | $237,625 |
| Average Home Value | $262,857 |
Residential
7,121
Single Family
7,032
Multi-Family
89
Businesses
350
Date | Event | Price |
|---|---|---|
| 2025-05-08 | Listed for sale | $599,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-15 | $1388.58 | N/A | $21,251 | N/A |
| 2023-05-15 | $1388.58 | N/A | $21,251 | N/A |
| 2022-05-15 | $1388.58 | N/A | $21,251 | N/A |
Listed by: Roline E Saunders-Austin • Best Real Estate Company, Llc
Mls Name: MLS United
Mls ID: #4112760
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.
