797 Scr 150aMortonMS39117
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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 Morton at 797 Scr 150a, Morton, MS, 39117 generates $871/mo in rent, after a $1,140/mo payment. Total monthly income is $871/mo. Return on cash invested sits at 11.29% in year one, and rental yield is 4.49% on a $232,900 entry. Equity gained on principal adds $1,503/yr, while 5% annual appreciation builds toward $64,346 over five years. Five-year ROI reaches 56.55% and total cumulative return in cash sums $43,661. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $871/mo property income rather than buyer’s personal income.
Manufactured
Built in 2004
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39117, Morton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,252 (100%) |
| Owner Occupied HU | 2,897 (68.1%) |
| Renter Occupied HU | 858 (20.2%) |
| Vacant Housing Units | 497 (11.7%) |
| Median Home Value | $115,229 |
| Average Home Value | $173,523 |
Housing Distribution
Address Breakdown
Residential
4,187
Single Family
4,103
Multi-Family
84
Businesses
221
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Listed by: Jacob Collins • Red Fox Realty
Mls Name: LBOR
Mls ID: #37277