116 Cotton DrLelandMS38756
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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
Investment property for sale in Leland at 116 Cotton Dr, Leland, MS, 38756 with 5% annual appreciation on a $249,000 basis while $1,471/mo rent supports operations. 14% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 7.09%. Five-year ROI measures 98.6% and total cumulative return in cash totals $81,392. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,471/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
10,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38756, Leland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,818 (100%) |
| Owner Occupied HU | 1,575 (55.9%) |
| Renter Occupied HU | 874 (31.0%) |
| Vacant Housing Units | 369 (13.1%) |
| Median Home Value | $120,052 |
| Average Home Value | $166,156 |
Housing Distribution
Address Breakdown
Residential
2,700
Single Family
2,312
Multi-Family
388
Businesses
269
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Listed by: Gaila Oliver • GAILA OLIVER REALTY
Mls Name: Greenville Area BOR
Mls ID: #89889
Disclaimer: Copyright Greenville Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.