964 Venice Trl 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 964 Venice Trl SE, Bogue Chitto, MS, 39629 priced at $115,000 converts $1,080/mo rent into $376/mo cash flow after a $563/mo obligation. Total monthly income equals $1,080/mo, and annual cash flow totals $4,513/yr on $38,123 invested. Return on cash invested prints 31.75% in year one, and rental yield reads 11.27% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 166.35% and total cumulative return in cash sums $63,417. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 2008
2.40 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: Blake Sasser • Southern Oaks RE Properties, LLC
Mls Name: Southwest Mississippi BOR
Mls ID: #143599
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.