107 Tate StSenatobiaMS38668
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 107 Tate St, Senatobia, MS, 38668 offers $1,675/mo rent that, after a $981/mo payment, leaves $448/mo cash flow. Total monthly income is $1,675/mo, and annual cash flow is $5,381/yr on $66,466 cash. Return on cash invested measures 28% in year one, and rental yield stands at 10.02% at a $200,500 entry. Equity gained on principal adds $1,294/yr while 5% annual appreciation compounds into $55,394 by year five. Five-year ROI records 146.2% and total cumulative return in cash reaches $97,173. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,675/mo property income versus a $981/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.29 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Margie Autry-Smith • Elect Realty Group
Mls Name: MLS United
Mls ID: #4134067