812 Watts StMonticelloMS39654
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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
Investment property for sale in Monticello at 812 Watts St, Monticello, MS, 39654 uses $44,753 cash to close to unlock $5,803/yr annual cash flow and $484/mo monthly cash flow. Total monthly income runs $1,310/mo, and a $661/mo payment keeps the spread at $484/mo. Purchase price stands at $135,000, and rental yield measures 11.64% with $1,310/mo rent. Return on cash invested shows 32.88% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 172.31% and total cumulative return in cash records $77,113. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,310/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1940
140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39654, Monticello, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,562 (100%) |
| Owner Occupied HU | 1,768 (69.0%) |
| Renter Occupied HU | 430 (16.8%) |
| Vacant Housing Units | 364 (14.2%) |
| Median Home Value | $139,031 |
| Average Home Value | $179,671 |
Housing Distribution
Address Breakdown
Residential
2,230
Single Family
2,147
Multi-Family
83
Businesses
238
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Listed by: Sandra Elliott • EXIT Southern Realty
Mls Name: HSMLS
Mls Provider:
Mls ID: #139633
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.