865 Evergreen RdLouisvilleMS39339
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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 Louisville at 865 Evergreen Rd, Louisville, MS, 39339 with 5% annual appreciation on a $114,900 basis while $864/mo rent supports operations. Total monthly income totals $864/mo and a $562/mo payment preserves $161/mo for cash returns. Annual cash flow comes to $1,935/yr on $38,089 deployed, and return on cash invested reaches 24.99% in year one. Equity gained on principal adds $741/yr, and five-year appreciation sums $31,745 alongside rental yield of 9.02%. Five-year ROI measures 130.09% and total cumulative return in cash totals $49,550.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $864/mo property income versus a $562/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39339, Louisville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,346 (66.5%) |
| Renter Occupied HU | 1,431 (21.9%) |
| Vacant Housing Units | 761 (11.6%) |
| Median Home Value | $154,350 |
| Average Home Value | $180,896 |
Housing Distribution
Address Breakdown
Residential
6,262
Single Family
6,147
Multi-Family
115
Businesses
607
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Listed by: Deric Horne • Hill Real Estate- Philadelphia
Mls Name: East Mississippi REALTORS
Mls ID: #25-866