Highway 331ParisMS38949
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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 Paris at Highway 331, Paris, MS, 38949 with 5% annual appreciation on a $149,500 basis while $1,190/mo rent supports operations. Total monthly income totals $1,190/mo and a $732/mo payment preserves $275/mo for cash returns. Annual cash flow comes to $3,298/yr on $49,559 deployed, and return on cash invested reaches 26.56% in year one. Equity gained on principal adds $965/yr, and five-year appreciation sums $41,304 alongside rental yield of 9.55%. Five-year ROI measures 138.46% and total cumulative return in cash totals $68,621.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,190/mo property income versus a $732/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
29.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38949, Paris, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 205 (100%) |
| Owner Occupied HU | 144 (70.2%) |
| Renter Occupied HU | 22 (10.7%) |
| Vacant Housing Units | 39 (19.0%) |
| Median Home Value | $220,690 |
| Average Home Value | $229,253 |
Housing Distribution
Address Breakdown
Residential
117
Single Family
117
Multi-Family
0
Businesses
0
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Listed by: Caleb Warren • SmallTown Properties
Mls Name: REALSTACK
Mls ID: #95705