104 McClendon DrRaymondMS39154
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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
Rental property for sale in Raymond at 104 McClendon Dr, Raymond, MS, 39154 generates $1,910/mo in rent and, after a $1,101/mo payment, leaves $533/mo in cash flow. Total monthly income is $1,910/mo, and annual cash flow is $6,400/yr on $74,588 invested. Return on cash invested sits at 28.49% in year one, and rental yield is 10.19% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 148.81% and total cumulative return in cash sums $110,997. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,910/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39154, Raymond, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,673 (100%) |
| Owner Occupied HU | 2,877 (78.3%) |
| Renter Occupied HU | 497 (13.5%) |
| Vacant Housing Units | 299 ( 8.1%) |
| Median Home Value | $271,334 |
| Average Home Value | $280,469 |
Housing Distribution
Address Breakdown
Residential
3,229
Single Family
3,013
Multi-Family
216
Businesses
218
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Listed by: Teresa Jackson • Turn Key Properties, LLC
Mls Name: MLS United
Mls ID: #4125601