9142 Highway 48 EMagnoliaMS39652
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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 Magnolia at 9142 Highway 48 E, Magnolia, MS, 39652 uses $49,725 cash to close to unlock $3,315/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $1,194/mo, and a $734/mo payment keeps the spread at $276/mo. Purchase price stands at $150,000, and rental yield measures 9.55% with $1,194/mo rent. Return on cash invested shows 26.58% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 138.58% and total cumulative return in cash records $68,910. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 2018
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39652, Magnolia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 2,697 (66.6%) |
| Renter Occupied HU | 617 (15.2%) |
| Vacant Housing Units | 736 (18.2%) |
| Median Home Value | $105,368 |
| Average Home Value | $149,638 |
Housing Distribution
Address Breakdown
Residential
3,355
Single Family
3,319
Multi-Family
36
Businesses
211
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Listed by: Lisa Dillon • Epique
Mls Name: Southwest Mississippi BOR
Mls ID: #144979