116 Sand CvSaltilloMS38866
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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 Saltillo at 116 Sand Cv, Saltillo, MS, 38866 offers $2,251/mo rent that, after a $1,835/mo payment. Total monthly income is $2,251/mo. Return on cash invested measures 19.49% in year one, and rental yield stands at 7.2% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 100.51% and total cumulative return in cash reaches $124,947. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,251/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38866, Saltillo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,595 (100%) |
| Owner Occupied HU | 3,981 (71.2%) |
| Renter Occupied HU | 1,062 (19.0%) |
| Vacant Housing Units | 552 ( 9.9%) |
| Median Home Value | $235,167 |
| Average Home Value | $246,466 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,995
Multi-Family
0
Businesses
286
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Listed by: Haven Hildenbrand • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls ID: #25-4329