1116 Cloverdale DrGreenvilleMS38701
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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 Greenville at 1116 Cloverdale Dr, Greenville, MS, 38701 priced at $335,000 pairs $2,387/mo rent with after a $1,640/mo payment. Total monthly income equals $2,387/mo. Return on cash invested is 15.45% in year one, and rental yield stands at 8.55% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 81.81% and total cumulative return in cash reaches $90,848. For financing, Ziffy Mortgage’s DSCR program evaluates $2,387/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38701, Greenville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,118 (100%) |
| Owner Occupied HU | 5,025 (49.7%) |
| Renter Occupied HU | 3,593 (35.5%) |
| Vacant Housing Units | 1,500 (14.8%) |
| Median Home Value | $124,149 |
| Average Home Value | $181,273 |
Housing Distribution
Address Breakdown
Residential
9,196
Single Family
8,148
Multi-Family
1,048
Businesses
961
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Listed by: Misti Lewis • MISTI MAUCELI LEWIS REALTY
Mls Name: Greenville Area BOR
Mls ID: #89640
Disclaimer: Copyright Greenville Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.