800 S Main StNew AugustaMS39462
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Augusta at 800 S Main St, New Augusta, MS, 39462 offers $1,609/mo rent that, after a $827/mo payment, leaves $575/mo cash flow. Total monthly income is $1,609/mo, and annual cash flow is $6,900/yr on $56,024 cash. Return on cash invested measures 32.22% in year one, and rental yield stands at 11.42% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 168.78% and total cumulative return in cash reaches $94,555. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,609/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39462, New Augusta, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 553 (100%) |
| Owner Occupied HU | 332 (60.0%) |
| Renter Occupied HU | 115 (20.8%) |
| Vacant Housing Units | 106 (19.2%) |
| Median Home Value | $127,941 |
| Average Home Value | $169,895 |
Housing Distribution
Address Breakdown
Residential
387
Single Family
387
Multi-Family
0
Businesses
49
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Listed by: Tyler Newsome • Ascension Realty LLC
Mls Name: HSMLS
Mls ID: #145609