116 Meadow Hill DrForestMS39074
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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 Forest at 116 Meadow Hill Dr, Forest, MS, 39074 listed at $203,500 pairs $1,596/mo rent with a $996/mo payment to leave $351/mo cash flow. Total monthly income runs $1,596/mo, and annual cash flow reaches $4,209/yr on $67,460 cash to close. Return on cash invested measures 26.15% in year one, and rental yield registers 9.41% at a $203,500 basis. Equity gained on principal adds $1,313/yr, and annual property appreciation at 5% supports $56,223 by year five. Five-year ROI tracks 136.23% and total cumulative return in cash totals $91,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,596/mo property income relative to a $996/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39074, Forest, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,758 (100%) |
| Owner Occupied HU | 3,860 (67.0%) |
| Renter Occupied HU | 1,329 (23.1%) |
| Vacant Housing Units | 569 ( 9.9%) |
| Median Home Value | $112,575 |
| Average Home Value | $158,857 |
Housing Distribution
Address Breakdown
Residential
6,222
Single Family
6,022
Multi-Family
200
Businesses
613
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Listed by: Terri R Jones • Simply Realty
Mls Name: MLS United
Mls ID: #4109918
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.