116 Gladney DrHoustonMS38851
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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 Houston at 116 Gladney Dr, Houston, MS, 38851 uses $44,753 cash to close to unlock $2,827/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $1,062/mo, and a $661/mo payment keeps the spread at $236/mo. Purchase price stands at $135,000, and rental yield measures 9.44% with $1,062/mo rent. Return on cash invested shows 26.23% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 136.67% and total cumulative return in cash records $61,165. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,062/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38851, Houston, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,872 (100%) |
| Owner Occupied HU | 2,601 (67.2%) |
| Renter Occupied HU | 839 (21.7%) |
| Vacant Housing Units | 432 (11.2%) |
| Median Home Value | $115,228 |
| Average Home Value | $160,800 |
Housing Distribution
Address Breakdown
Residential
3,611
Single Family
3,537
Multi-Family
74
Businesses
466
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Listed by: Mickey Clark • TM REALTORS
Mls Name: NMMLS
Mls ID: #25-2308