100 Nikki DrSenatobiaMS38668
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
Investment Highlights
Rental property for sale in Senatobia at 100 Nikki Dr, Senatobia, MS, 38668 priced at $195,000 pairs $1,560/mo rent with $158/mo cash flow after a $954/mo payment. Total monthly income equals $1,560/mo, and annual cash flow comes to $1,898/yr on $64,643 invested. Return on cash invested is 22.84% in year one, and rental yield stands at 9.6% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 119.97% and total cumulative return in cash reaches $77,554. For financing, Ziffy Mortgage’s DSCR program evaluates $1,560/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2007
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38668, Senatobia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,734 (100%) |
| Owner Occupied HU | 3,823 (66.7%) |
| Renter Occupied HU | 1,423 (24.8%) |
| Vacant Housing Units | 488 ( 8.5%) |
| Median Home Value | $212,924 |
| Average Home Value | $225,574 |
Housing Distribution
Address Breakdown
Residential
5,333
Single Family
5,232
Multi-Family
101
Businesses
540
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Listed by: Meatha Haynes • Crye-Leike Of MS-OB
Mls Name: MLS United
Mls ID: #4101962
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.