965 Dixie Creek RdSaltilloMS38866
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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 Saltillo at 965 Dixie Creek Rd, Saltillo, MS, 38866 with 5% annual appreciation on a $239,000 basis while $1,915/mo rent supports operations. Total monthly income totals $1,915/mo and a $1,170/mo payment preserves $452/mo for cash returns. Annual cash flow comes to $5,427/yr on $79,229 deployed, and return on cash invested reaches 26.76% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,031 alongside rental yield of 9.62%. Five-year ROI measures 139.53% and total cumulative return in cash totals $110,544.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,915/mo property income versus a $1,170/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38866, Saltillo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,595 (100%) |
| Owner Occupied HU | 3,981 (71.2%) |
| Renter Occupied HU | 1,062 (19.0%) |
| Vacant Housing Units | 552 ( 9.9%) |
| Median Home Value | $235,167 |
| Average Home Value | $246,466 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,995
Multi-Family
0
Businesses
286
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Listed by: Christie Bowens • Closing With Excellence Realty
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-4249
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.