8670 Highway 493BaileyMS39320
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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 Bailey at 8670 Highway 493, Bailey, MS, 39320 earns $564/mo cash flow from $1,574/mo rent with a $808/mo payment. Total monthly income totals $1,574/mo, and annual cash flow totals $6,766/yr on $54,698 capital. ROI tracks 32.28% on current figures, and rental yield reads 11.45% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 169.08% and total cumulative return in cash sums $92,483. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,574/mo property income instead of your personal income.
Single Family
Built in 1989
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39320, Bailey, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 765 (100%) |
| Owner Occupied HU | 579 (75.7%) |
| Renter Occupied HU | 86 (11.2%) |
| Vacant Housing Units | 100 (13.1%) |
| Median Home Value | $220,833 |
| Average Home Value | $297,638 |
Housing Distribution
Address Breakdown
Residential
712
Single Family
712
Multi-Family
0
Businesses
33
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Listed by: Breanna Perdue • WINSTEAD REALTY
Mls Name: East Mississippi REALTORS
Mls ID: #25-1084