1206 Avery StClevelandMS38732
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cleveland at 1206 Avery St, Cleveland, MS, 38732 uses $67,958 cash to close to unlock $7,174/yr annual cash flow and $598/mo monthly cash flow. Total monthly income runs $1,852/mo, and a $1,003/mo payment keeps the spread at $598/mo. Purchase price stands at $205,000, and rental yield measures 10.84% with $1,852/mo rent. Return on cash invested shows 30.47% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 159.36% and total cumulative return in cash records $108,294. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,852/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38732, Cleveland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,565 (100%) |
| Owner Occupied HU | 4,014 (53.1%) |
| Renter Occupied HU | 2,663 (35.2%) |
| Vacant Housing Units | 888 (11.7%) |
| Median Home Value | $166,371 |
| Average Home Value | $215,644 |
Housing Distribution
Address Breakdown
Residential
7,183
Single Family
6,479
Multi-Family
704
Businesses
972
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracey Bell • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4131224