946 Caney Creek RdConehattaMS39057
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 946 Caney Creek Rd, Conehatta, MS, 39057 in Conehatta deserves attention. This $329,000 property earns $2,863/mo in rent, a 10.44% gross yield, and nets $850/mo after the $1,479/mo payment. DSCR 1.94 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $90,897 compounds alongside $3,030/yr in yearly equity build, for a total cumulative return of $179,339.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $850 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,863 |
| Total Monthly Debt Service | $1,882 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39057, Conehatta, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 845 (100%) |
| Owner Occupied HU | 652 (77.2%) |
| Renter Occupied HU | 127 (15.0%) |
| Vacant Housing Units | 66 ( 7.8%) |
| Median Home Value | $119,658 |
| Average Home Value | $135,245 |
Housing Distribution
Address Breakdown
Residential
832
Single Family
832
Multi-Family
0
Businesses
14
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
Single Family
Built in 2018
24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39057, Conehatta, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 845 (100%) |
| Owner Occupied HU | 652 (77.2%) |
| Renter Occupied HU | 127 (15.0%) |
| Vacant Housing Units | 66 ( 7.8%) |
| Median Home Value | $119,658 |
| Average Home Value | $135,245 |
Housing Distribution
Address Breakdown
Residential
832
Single Family
832
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Forsythe • Phillips Appraisal & Realty
Mls Name: MLS United
Mls ID: #4098251
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.