948 Horseshoe RdMount OliveMS39119
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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 Mount Olive at 948 Horseshoe Rd, Mount Olive, MS, 39119 listed at $149,000 pairs $0/mo rent with a $729/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.24% in year one, and rental yield registers 0% at a $149,000 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,166 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39119, Mount Olive, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,656 (69.4%) |
| Renter Occupied HU | 359 (15.1%) |
| Vacant Housing Units | 370 (15.5%) |
| Median Home Value | $119,605 |
| Average Home Value | $170,157 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,142
Multi-Family
45
Businesses
81
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No similar rental properties found nearby.
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Listed by: Tiffany Kinslow • Main Street Realty LLC
Mls Name: MLS United
Mls ID: #4118547