801 Bailey AveEllisvilleMS39437
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 Ellisville at 801 Bailey Ave, Ellisville, MS, 39437 generates $1,095/mo in rent and, after a $695/mo payment, leaves $226/mo in cash flow. Total monthly income is $1,095/mo, and annual cash flow is $2,713/yr on $47,073 invested. Return on cash invested sits at 25.67% in year one, and rental yield is 9.25% on a $142,000 entry. Equity gained on principal adds $916/yr, while 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 133.76% and total cumulative return in cash sums $62,966. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,095/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39437, Ellisville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,334 (100%) |
| Owner Occupied HU | 3,863 (72.4%) |
| Renter Occupied HU | 884 (16.6%) |
| Vacant Housing Units | 587 (11.0%) |
| Median Home Value | $184,585 |
| Average Home Value | $211,798 |
Housing Distribution
Address Breakdown
Residential
5,324
Single Family
5,212
Multi-Family
112
Businesses
331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kandace Monsivais, Broker • Red Fox Realty
Mls Name: LBOR
Mls ID: #36918
Disclaimer: Copyright Laurel Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.