96 Witt RdBelmontMS38827
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
Rental property for sale in Belmont at 96 Witt Rd, Belmont, MS, 38827 generates $2,081/mo in rent and, after a $1,610/mo payment, leaves $68/mo in cash flow. Total monthly income is $2,081/mo, and annual cash flow is $816/yr on $109,064 invested. Return on cash invested sits at 20.66% in year one, and rental yield is 7.59% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 106.75% and total cumulative return in cash sums $116,421. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,081/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38827, Belmont, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 811 (60.6%) |
| Renter Occupied HU | 277 (20.7%) |
| Vacant Housing Units | 250 (18.7%) |
| Median Home Value | $173,825 |
| Average Home Value | $195,697 |
Housing Distribution
Address Breakdown
Residential
1,009
Single Family
978
Multi-Family
31
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Haven Hildenbrand • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls ID: #26-148