9182 Highway 397PrestonMS39354
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 Preston at 9182 Highway 397, Preston, MS, 39354 offers a 9.34% rental yield on a $237,999 purchase with $1,852/mo rent. Total monthly income registers $1,852/mo, and a $1,165/mo payment leaves $395/mo available for distribution. Annual cash flow reaches $4,745/yr on $78,897 to close, and return on cash invested stands at 25.92% in year one. Equity gained on principal adds $1,536/yr while 5% annual appreciation supports $65,755 over five years. Portfolio math shows five-year ROI at 135.03% and total cumulative return in cash at $106,534. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,852/mo property income against a $1,165/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39354, Preston, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 799 (100%) |
| Owner Occupied HU | 623 (78.0%) |
| Renter Occupied HU | 86 (10.8%) |
| Vacant Housing Units | 90 (11.3%) |
| Median Home Value | $89,637 |
| Average Home Value | $147,279 |
Housing Distribution
Address Breakdown
Residential
795
Single Family
795
Multi-Family
0
Businesses
30
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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