103 Plum Point RdSenatobiaMS38668
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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 Senatobia at 103 Plum Point Rd, Senatobia, MS, 38668 listed at $269,900 pairs $2,238/mo rent with a $1,321/mo payment to leave $406/mo cash flow. Total monthly income runs $2,238/mo, and annual cash flow reaches $4,869/yr on $89,472 cash to close. Return on cash invested measures 25.35% in year one, and rental yield registers 9.95% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 132.8% and total cumulative return in cash totals $118,818. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,238/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.81 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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Nearby investment properties with comparable prices
Listed by: Spence Rodman • Crosslin Gist Realty, Llc
Mls Name: MLS United
Mls ID: #4084737
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.