896 County Road 4HoulkaMS38850
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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 Houlka at 896 County Road 4, Houlka, MS, 38850 priced at $169,000 pairs $1,338/mo rent with $304/mo cash flow after a $827/mo payment. Total monthly income equals $1,338/mo, and annual cash flow comes to $3,648/yr on $56,024 invested. Return on cash invested is 26.42% in year one, and rental yield stands at 9.5% on a $169,000 basis. Equity gained on principal adds $1,091/yr, and 5% annual appreciation accumulates to $46,692 by year five. Five-year ROI measures 137.63% and total cumulative return in cash reaches $77,107. For financing, Ziffy Mortgage’s DSCR program evaluates $1,338/mo property income against a $827/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in N/A
2.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38850, Houlka, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,578 (100%) |
| Owner Occupied HU | 1,032 (65.4%) |
| Renter Occupied HU | 292 (18.5%) |
| Vacant Housing Units | 254 (16.1%) |
| Median Home Value | $87,831 |
| Average Home Value | $115,274 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,545
Multi-Family
0
Businesses
71
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Listed by: Carey Cossey • SOUTHERN HILLS REALTY&APPRAISAL, INC.
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-4033
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.