1111 2nd StInvernessMS38753
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 1111 2nd St, Inverness, MS, 38753 in Inverness earns a 9.56% gross yield at $185,900. Rent of $1,481/mo nets $343/mo after the $836/mo mortgage. The 1.77 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $51,361 and $1,712/yr in equity accumulation project a total cumulative return of $92,557.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $343 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,481 |
| Total Monthly Debt Service | $1,064 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1905
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38753, Inverness, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 559 (100%) |
| Owner Occupied HU | 372 (66.5%) |
| Renter Occupied HU | 139 (24.9%) |
| Vacant Housing Units | 48 ( 8.6%) |
| Median Home Value | $139,407 |
| Average Home Value | $185,988 |
Housing Distribution
Address Breakdown
Residential
376
Single Family
336
Multi-Family
40
Businesses
64
Nearby investment properties with comparable rents
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
Single Family
Built in 1905
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38753, Inverness, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 559 (100%) |
| Owner Occupied HU | 372 (66.5%) |
| Renter Occupied HU | 139 (24.9%) |
| Vacant Housing Units | 48 ( 8.6%) |
| Median Home Value | $139,407 |
| Average Home Value | $185,988 |
Housing Distribution
Address Breakdown
Residential
376
Single Family
336
Multi-Family
40
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS United
Mls ID: #4152314