879 Highway 590 ESeminaryMS39479
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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
Rental property for sale in Seminary at 879 Highway 590 E, Seminary, MS, 39479 generates $1,589/mo in rent and, after a $820/mo payment, leaves $564/mo in cash flow. Total monthly income is $1,589/mo, and annual cash flow is $6,766/yr on $55,526 invested. Return on cash invested sits at 32.09% in year one, and rental yield is 11.38% on a $167,500 entry. Equity gained on principal adds $1,081/yr, while 5% annual appreciation builds toward $46,277 over five years. Five-year ROI reaches 168.1% and total cumulative return in cash sums $93,340. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,589/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39479, Seminary, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,526 (100%) |
| Owner Occupied HU | 1,979 (78.3%) |
| Renter Occupied HU | 266 (10.5%) |
| Vacant Housing Units | 281 (11.1%) |
| Median Home Value | $160,683 |
| Average Home Value | $196,685 |
Housing Distribution
Address Breakdown
Residential
2,273
Single Family
2,273
Multi-Family
0
Businesses
104
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Nearby investment properties with comparable prices
Listed by: Stephanie Irby • Real Estate Professionals of the Pine Belt, LLC
Mls Name: HSMLS
Mls ID: #145167