970 Davis RdSmithvilleMS38870
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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 Smithville at 970 Davis Rd, Smithville, MS, 38870 priced at $273,300 converts $2,092/mo rent into $402/mo cash flow after a $1,338/mo obligation. Total monthly income equals $2,092/mo, and annual cash flow totals $4,826/yr on $90,599 invested. Return on cash invested prints 25.24% in year one, and rental yield reads 9.19% against a $273,300 entry. Equity gained on principal adds $1,764/yr, while 5% annual appreciation compiles into $75,508 by year five. Five-year ROI reaches 131.44% and total cumulative return in cash sums $119,081. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,092/mo property income covering a $1,338/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38870, Smithville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,356 (100%) |
| Owner Occupied HU | 851 (62.8%) |
| Renter Occupied HU | 132 ( 9.7%) |
| Vacant Housing Units | 373 (27.5%) |
| Median Home Value | $144,750 |
| Average Home Value | $175,852 |
Housing Distribution
Address Breakdown
Residential
1,231
Single Family
1,231
Multi-Family
0
Businesses
33
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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