112 Palestine Rd, Coldwater, MS, 38618 | 5.28% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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112 Palestine Rd, Coldwater, MS, 38618 | 5.28% Rental Yield | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Coldwater at 112 Palestine Rd, Coldwater, MS, 38618 offers a 5.28% rental yield on a $439,900 purchase with $1,934/mo rent. 67% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,536 over five years. Portfolio math shows five-year ROI at 69.33% and total cumulative return in cash at $101,103. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,934/mo property income against a $2,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1971

3 Acres lot

$N/A/sqft

No HOA

More details about the property

Versatile Property with Income-Producing Guest House on 3 Scenic Acres Coldwater, MS (Near I-55) Set on 3 beautiful acres just minutes from I-55, this property offers abundant privacy, and all the modern updates you need for a comfortable, rural lifestyle. Whether you're looking for a peaceful retreat, multi-generational living, or an investment opportunity, this unique property has something for everyone. Home Approx. 2,200 sq. ft. | 3 Bed, 2 Bath (Built in 1971) This fully remodeled home features: Brand new windows, HVAC, plumbing, and kitchen appliances Updated countertops and fresh flooring in the kitchen and dining room Bright, airy sunroom with new windowsperfect for year-round enjoyment Spacious entertainment deck with a privacy wall, ideal for outdoor living Surrounded by mature trees and meticulously landscaped grounds that make it feel like your own private park A large shop with electricity for projects, storage, or hobbies Recently installed new electrical panel, ensuring a safe and reliable power supply Private well for water, offering independence from city utilities Guest House 450 sq. ft. | 1 Bed, 1 Bath (Built in 2022) This charming, recently built second home includes: Full kitchen, bathroom, and bedroom Cozy outdoor patio Ideal for guests, rental income, or a quiet retreat from the main home This property truly has it all: expansive outdoor space, and the perfect blend of modern convenience and rural charm. Located just minutes from I-55, it offers quick access to everything you need while giving you the peace and privacy of country living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 38618, Coldwater, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,095 (100%)
Owner Occupied HU	3,730 (73.2%)
Renter Occupied HU	781 (15.3%)
Vacant Housing Units	584 (11.5%)
Median Home Value	$221,245
Average Home Value	$229,432