8389 Mississippi Ave #35PrentissMS39474
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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
Rental property for sale in Prentiss at 8389 Mississippi Ave #35, Prentiss, MS, 39474 generates $1,170/mo in rent and, after a $744/mo payment, leaves $240/mo in cash flow. Total monthly income is $1,170/mo, and annual cash flow is $2,878/yr on $50,388 invested. Return on cash invested sits at 25.62% in year one, and rental yield is 9.24% on a $152,000 entry. Equity gained on principal adds $981/yr, while 5% annual appreciation builds toward $41,995 over five years. Five-year ROI reaches 133.38% and total cumulative return in cash sums $67,210. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,170/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39474, Prentiss, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,689 (100%) |
| Owner Occupied HU | 1,891 (70.3%) |
| Renter Occupied HU | 422 (15.7%) |
| Vacant Housing Units | 376 (14.0%) |
| Median Home Value | $104,816 |
| Average Home Value | $152,831 |
Housing Distribution
Address Breakdown
Residential
2,160
Single Family
2,160
Multi-Family
0
Businesses
157
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Listed by: Dominique Magee • Breland Realty, LLC
Mls Name: MLS United
Mls ID: #4132927