9004 Highway 35CharlestonMS38921
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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 Charleston at 9004 Highway 35, Charleston, MS, 38921 earns $284/mo cash flow from $987/mo rent with a $562/mo payment. Total monthly income totals $987/mo, and annual cash flow totals $3,411/yr on $38,089 capital. ROI tracks 28.86% on current figures, and rental yield reads 10.31% at a $114,900 purchase. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 over five years. Five-year ROI reaches 150.88% and total cumulative return in cash sums $57,470. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $987/mo property income instead of your personal income.
Single Family
Built in 1940
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38921, Charleston, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,264 (100%) |
| Owner Occupied HU | 1,369 (60.5%) |
| Renter Occupied HU | 582 (25.7%) |
| Vacant Housing Units | 313 (13.8%) |
| Median Home Value | $95,431 |
| Average Home Value | $110,082 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,625
Multi-Family
31
Businesses
170
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Listed by: George Speir • Delta Sunset Realty, Inc.
Mls Name: My State MLS
Mls ID: #11355066