9059 Highway 493BaileyMS39320
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Nearby investment properties with comparable prices
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 9059 Highway 493, Bailey, MS, 39320 listed at $272,500 pairs $1,946/mo rent with a $1,334/mo payment to leave $278/mo cash flow. Total monthly income runs $1,946/mo, and annual cash flow reaches $3,338/yr on $90,334 cash to close. Return on cash invested measures 23.6% in year one, and rental yield registers 8.57% at a $272,500 basis. Equity gained on principal adds $1,758/yr, and annual property appreciation at 5% supports $75,287 by year five. Five-year ROI tracks 122.62% and total cumulative return in cash totals $110,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,946/mo property income relative to a $1,334/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
1 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: Beau Burns • White Oak Properties, LLC
Mls Name: East Mississippi REALTORS
Mls ID: #25-981