802 W Quitman Ct, Nesbit, MS, 38651 | $765/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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802 W Quitman Ct, Nesbit, MS, 38651 | $765/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Nesbit at 802 W Quitman Ct, Nesbit, MS, 38651 offers a 10.06% rental yield on a $337,900 purchase with $2,833/mo rent. Total monthly income registers $2,833/mo, and a $1,654/mo payment leaves $765/mo available for distribution. Annual cash flow reaches $9,181/yr on $112,014 to close, and return on cash invested stands at 28.11% in year one. Equity gained on principal adds $2,180/yr while 5% annual appreciation supports $93,356 over five years. Portfolio math shows five-year ROI at 146.74% and total cumulative return in cash at $164,371. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,833/mo property income against a $1,654/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

Seller will consider offering 3% concessions towards buyers closing expenses with an acceptable offer!! Welcome to Delta Landing's 55+ active community! We invite you to be among the first to experience Hernando's premier mixed-use community, ideally situated directly across from the new Hernando High School, which is set to open in Fall 2025. This vibrant community seamlessly blends traditional living with convenient access to retail shops, restaurants, businesses, and a host of exciting developments on the horizon. This exquisite home boasts an array of high-end features, including hardwood flooring in the main living areas and the primary bedroom, custom cabinetry, a stylish tiled backsplash, elegant Quartz countertops, a single basin kitchen sink, and stainless steel appliances. Choose between a gas or electric stove top to suit your culinary preferences. As you enter through the grand 9-foot front door, you are welcomed into a long hallway leading into the expansive 25x17ft living area. The kitchen is designed for both functionality and style, featuring a Quartz Kitchen Island that overlooks the living room. This thoughtfully designed split floor plan includes a hall off the living room that leads to the primary suite, while another hall provides access to two additional bedrooms and a full bathroom. The primary bath offers a luxurious experience with a walk-in shower, a relaxing soaker tub, a double vanity, and a generous walk-in closet. The guest bedrooms share a well-appointed full bathroom, featuring a tub/shower combination adorned with a striking tiled wall that extends to the ceiling. Ascend the stairs to discover a spacious 14x11 bonus room, complete with a closet, which can serve as a fourth bedroom or an ideal recreational space. Additionally, a walk-in attic provides ample storage solutions. Step outside to enjoy serene views from the expansive covered patio, an ideal space for relaxation and entertaining. Don't miss this opportunity to secure this stunning home in a thriving communityschedule your visit today!