County Road 5131BoonevilleMS38829
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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 Booneville at County Road 5131, Booneville, MS, 38829 listed at $427,500 pairs $922/mo rent with a $2,092/mo payment. Total monthly income runs $922/mo. Return on cash invested measures 5.57% in year one, and rental yield registers 2.59% at a $427,500 basis. Equity gained on principal adds $2,759/yr, and annual property appreciation at 5% supports $118,110 by year five. Five-year ROI tracks 25.86% and total cumulative return in cash totals $36,646. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $922/mo property income relative to a $2,092/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
219 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38829, Booneville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,842 (100%) |
| Owner Occupied HU | 5,243 (66.9%) |
| Renter Occupied HU | 1,709 (21.8%) |
| Vacant Housing Units | 890 (11.3%) |
| Median Home Value | $129,194 |
| Average Home Value | $174,369 |
Housing Distribution
Address Breakdown
Residential
7,353
Single Family
7,261
Multi-Family
92
Businesses
682
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Listed by: Annah Barnes • SmallTown Properties
Mls Name: REALSTACK
Mls ID: #87720