86 Old Highway 84 #1NatchezMS39120
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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 Natchez at 86 Old Highway 84 #1, Natchez, MS, 39120 uses $33,150 cash to close to unlock $1,782/yr annual cash flow and $149/mo monthly cash flow. Total monthly income runs $763/mo, and a $489/mo payment keeps the spread at $149/mo. Purchase price stands at $100,000, and rental yield measures 9.16% with $763/mo rent. Return on cash invested shows 25.28% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 131.7% and total cumulative return in cash records $43,660. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $763/mo property income covering a $489/mo payment rather than investor’s personal income.
Manufactured
Built in 2009
3.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39120, Natchez, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 8,965 (60.5%) |
| Renter Occupied HU | 3,669 (24.8%) |
| Vacant Housing Units | 2,188 (14.8%) |
| Median Home Value | $113,399 |
| Average Home Value | $184,808 |
Housing Distribution
Address Breakdown
Residential
13,672
Single Family
12,419
Multi-Family
1,253
Businesses
1,219
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Listed by: Sue Stedman • Crye-Leike Stedman Ulmer Realty
Mls Name: Natchez BOR
Mls ID: #20240415
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.