995 Decatur Conehatta RdConehattaMS39057
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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 Conehatta at 995 Decatur Conehatta Rd, Conehatta, MS, 39057 with 5% annual appreciation on a $190,000 basis while $1,810/mo rent supports operations. Total monthly income totals $1,810/mo and a $930/mo payment preserves $647/mo for cash returns. Annual cash flow comes to $7,767/yr on $62,985 deployed, and return on cash invested reaches 32.24% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 11.43%. Five-year ROI measures 168.94% and total cumulative return in cash totals $106,404.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,810/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39057, Conehatta, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 845 (100%) |
| Owner Occupied HU | 652 (77.2%) |
| Renter Occupied HU | 127 (15.0%) |
| Vacant Housing Units | 66 ( 7.8%) |
| Median Home Value | $119,658 |
| Average Home Value | $135,245 |
Housing Distribution
Address Breakdown
Residential
832
Single Family
832
Multi-Family
0
Businesses
14
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Listed by: Colby Watson • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4096140
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.