850 Highway 32 EHoulkaMS38850
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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 Houlka at 850 Highway 32 E, Houlka, MS, 38850 uses $66,267 cash to close to unlock $9,313/yr annual cash flow and $776/mo monthly cash flow. Total monthly income runs $1,999/mo, and a $978/mo payment keeps the spread at $776/mo. Purchase price stands at $199,900, and rental yield measures 12% with $1,999/mo rent. Return on cash invested shows 33.96% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 178.17% and total cumulative return in cash records $118,069. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,999/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38850, Houlka, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,578 (100%) |
| Owner Occupied HU | 1,032 (65.4%) |
| Renter Occupied HU | 292 (18.5%) |
| Vacant Housing Units | 254 (16.1%) |
| Median Home Value | $87,831 |
| Average Home Value | $115,274 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,545
Multi-Family
0
Businesses
71
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Listed by: Whitney George McNutt • TM REALTORS
Mls Name: NMMLS
Mls ID: #25-3951