815 N 2nd StBaldwynMS38824
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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
Investment property for sale in Baldwyn at 815 N 2nd St, Baldwyn, MS, 38824 offers a 12.33% rental yield on a $125,000 purchase with $1,284/mo rent. Total monthly income registers $1,284/mo, and a $612/mo payment leaves $519/mo available for distribution. Annual cash flow reaches $6,227/yr on $41,438 to close, and return on cash invested stands at 34.94% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 183.32% and total cumulative return in cash at $75,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,284/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38824, Baldwyn, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,535 (100%) |
| Owner Occupied HU | 2,350 (66.5%) |
| Renter Occupied HU | 755 (21.4%) |
| Vacant Housing Units | 430 (12.2%) |
| Median Home Value | $140,030 |
| Average Home Value | $164,996 |
Housing Distribution
Address Breakdown
Residential
3,470
Single Family
3,403
Multi-Family
67
Businesses
226
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Listed by: Justin M. Tapp • Compass Realty Group,LLC&DreamTree Forestry & Farms,LLC
Mls Name: NMMLS
Mls ID: #25-2289