816 Highway 28 WSosoMS39480
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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 Soso at 816 Highway 28 W, Soso, MS, 39480 earns $524/mo cash flow from $2,268/mo rent with a $1,395/mo payment. Total monthly income totals $2,268/mo, and annual cash flow totals $6,286/yr on $94,478 capital. ROI tracks 26.56% on current figures, and rental yield reads 9.55% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 138.44% and total cumulative return in cash sums $130,794. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,268/mo property income instead of your personal income.
Single Family
Built in 1983
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39480, Soso, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,137 (100%) |
| Owner Occupied HU | 846 (74.4%) |
| Renter Occupied HU | 120 (10.6%) |
| Vacant Housing Units | 171 (15.0%) |
| Median Home Value | $200,355 |
| Average Home Value | $216,888 |
Housing Distribution
Address Breakdown
Residential
1,157
Single Family
1,157
Multi-Family
0
Businesses
51
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Listed by: Courtney Edwards • Red Fox Realty
Mls Name: LBOR
Mls ID: #36640
Disclaimer: Copyright Laurel Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.