915 Mount Olive Rd SEBogue ChittoMS39629
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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 Bogue Chitto at 915 Mount Olive Rd SE, Bogue Chitto, MS, 39629 offers $1,080/mo rent that, after a $842/mo payment, leaves $27/mo cash flow. Total monthly income is $1,080/mo, and annual cash flow is $328/yr on $57,018 cash. Return on cash invested measures 20.48% in year one, and rental yield stands at 7.53% at a $172,000 entry. Equity gained on principal adds $1,110/yr while 5% annual appreciation compounds into $47,520 by year five. Five-year ROI records 105.88% and total cumulative return in cash reaches $60,373. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $842/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39629, Bogue Chitto, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,003 (100%) |
| Owner Occupied HU | 2,185 (72.8%) |
| Renter Occupied HU | 426 (14.2%) |
| Vacant Housing Units | 392 (13.1%) |
| Median Home Value | $169,302 |
| Average Home Value | $172,249 |
Housing Distribution
Address Breakdown
Residential
2,784
Single Family
2,784
Multi-Family
0
Businesses
79
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Listed by: Eli Ferguson • Southern Oaks RE Properties, LLC
Mls Name: Southwest Mississippi BOR
Mls ID: #142913
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.