107 Meadow LnHoustonMS38851
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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 Houston at 107 Meadow Ln, Houston, MS, 38851 priced at $130,000 converts $1,070/mo rent into $275/mo cash flow after a $636/mo obligation. Total monthly income equals $1,070/mo, and annual cash flow totals $3,297/yr on $43,095 invested. Return on cash invested prints 27.56% in year one, and rental yield reads 9.88% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 143.77% and total cumulative return in cash sums $61,959. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,070/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38851, Houston, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,872 (100%) |
| Owner Occupied HU | 2,601 (67.2%) |
| Renter Occupied HU | 839 (21.7%) |
| Vacant Housing Units | 432 (11.2%) |
| Median Home Value | $115,228 |
| Average Home Value | $160,800 |
Housing Distribution
Address Breakdown
Residential
3,611
Single Family
3,537
Multi-Family
74
Businesses
466
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Listed by: Levetta Me'Rae Armstrong • BROCON REALTY GROUP, LLC
Mls Name: NMMLS
Mls ID: #25-3146