91189 Highway 42RichtonMS39476
Nearby investment properties with comparable rents
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 Richton at 91189 Highway 42, Richton, MS, 39476 uses $120,268 cash to close to unlock $19,879/yr annual cash flow and $1,657/mo monthly cash flow. Total monthly income runs $3,877/mo, and a $1,776/mo payment keeps the spread at $1,657/mo. Purchase price stands at $362,800, and rental yield measures 12.82% with $3,877/mo rent. Return on cash invested shows 36.44% in year one, and 5% annual appreciation builds toward $100,235 over five years. Five-year ROI reaches 191.39% and total cumulative return in cash records $230,185. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,877/mo property income covering a $1,776/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39476, Richton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,401 (100%) |
| Owner Occupied HU | 2,518 (74.0%) |
| Renter Occupied HU | 470 (13.8%) |
| Vacant Housing Units | 413 (12.1%) |
| Median Home Value | $160,750 |
| Average Home Value | $192,968 |
Housing Distribution
Address Breakdown
Residential
2,823
Single Family
2,823
Multi-Family
0
Businesses
138
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A