85 Ironwood RdGore SpringsMS38929
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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
Rental property for sale in Gore Springs at 85 Ironwood Rd, Gore Springs, MS, 38929 priced at $399,000 pairs $2,832/mo rent with $390/mo cash flow after a $1,953/mo payment. Total monthly income equals $2,832/mo, and annual cash flow comes to $4,683/yr on $132,269 invested. Return on cash invested is 23.45% in year one, and rental yield stands at 8.52% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 121.76% and total cumulative return in cash reaches $161,054. For financing, Ziffy Mortgage’s DSCR program evaluates $2,832/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38929, Gore Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 684 (100%) |
| Owner Occupied HU | 458 (67.0%) |
| Renter Occupied HU | 95 (13.9%) |
| Vacant Housing Units | 131 (19.2%) |
| Median Home Value | $131,429 |
| Average Home Value | $166,512 |
Housing Distribution
Address Breakdown
Residential
655
Single Family
655
Multi-Family
0
Businesses
23
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Listed by: Perrin Jackson • Landmark Realty
Mls Name: My State MLS
Mls ID: #11566766