862 & 864 Highway 15StringerMS39481
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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 Stringer at 862 & 864 Highway 15, Stringer, MS, 39481 offers a 0% rental yield on a $155,500 purchase with $0/mo rent. 24% in year one. Equity gained on principal adds $1,003/yr while 5% annual appreciation supports $42,962 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $761/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39481, Stringer, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 861 (100%) |
| Owner Occupied HU | 650 (75.5%) |
| Renter Occupied HU | 105 (12.2%) |
| Vacant Housing Units | 106 (12.3%) |
| Median Home Value | $182,759 |
| Average Home Value | $202,877 |
Housing Distribution
Address Breakdown
Residential
733
Single Family
733
Multi-Family
0
Businesses
27
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Listed by: Natalie Graham • Epique Realty
Mls Name: HSMLS
Mls ID: #143823