117 Shirley AveWinonaMS38967
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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 Winona at 117 Shirley Ave, Winona, MS, 38967 priced at $185,000 converts $1,404/mo rent into $240/mo cash flow after a $905/mo obligation. Total monthly income equals $1,404/mo, and annual cash flow totals $2,880/yr on $61,328 invested. Return on cash invested prints 24.61% in year one, and rental yield reads 9.11% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 128.15% and total cumulative return in cash sums $78,591. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,404/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1959
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38967, Winona, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,370 (100%) |
| Owner Occupied HU | 2,023 (60.0%) |
| Renter Occupied HU | 798 (23.7%) |
| Vacant Housing Units | 549 (16.3%) |
| Median Home Value | $125,278 |
| Average Home Value | $158,736 |
Housing Distribution
Address Breakdown
Residential
2,807
Single Family
2,807
Multi-Family
0
Businesses
362
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Listed by: Kyle Cravens • Cravens Properties, LLC
Mls Name: My State MLS
Mls ID: #11444485