








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Grenada at 11 White Cv, Grenada, MS, 38901 with 5% annual appreciation on a $115,000 basis while $880/mo rent supports operations. Total monthly income totals $880/mo and a $563/mo payment preserves $141/mo for cash returns. Annual cash flow comes to $1,697/yr on $38,123 deployed, and return on cash invested reaches 24.36% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.18%. Five-year ROI measures 127.13% and total cumulative return in cash totals $48,465.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $880/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38901, Grenada, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,389 (100%) |
| Owner Occupied HU | 4,779 (57.0%) |
| Renter Occupied HU | 2,606 (31.1%) |
| Vacant Housing Units | 1,004 (12.0%) |
| Median Home Value | $144,519 |
| Average Home Value | $191,613 |
Residential
8,040
Single Family
7,452
Multi-Family
588
Businesses
808
Date | Event | Price |
|---|---|---|
| 2019-08-22 | Sold | N/A |
| 2019-07-08 | Pending sale | $101,000 |
| 2019-06-17 | Price change | $101,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-26 | $1186.32 | 134.30% | $11,769 | 50.00% |
| 2023-04-26 | $506.33 | 0.54% | $7,846 | N/A |
| 2022-04-26 | $503.59 | 7.41% | $7,846 | N/A |



Listed by: Keith Babb • Williams & Williams Real Estate Auctions
Mls Name: My State MLS
Mls ID: #11480799