123 Windmere DrGrenadaMS38901
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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 Grenada at 123 Windmere Dr, Grenada, MS, 38901 at $350,000 posts ROI 22.7% with $270/mo cash flow from $2,412/mo rent. Total monthly income equals $2,412/mo, and annual cash flow records $3,243/yr on $116,025 to close. Return on cash invested measures 22.7% and rental yield reads 8.27% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 117.76% and total cumulative return in cash totals $136,634.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,412/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38901, Grenada, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,389 (100%) |
| Owner Occupied HU | 4,779 (57.0%) |
| Renter Occupied HU | 2,606 (31.1%) |
| Vacant Housing Units | 1,004 (12.0%) |
| Median Home Value | $144,519 |
| Average Home Value | $191,613 |
Housing Distribution
Address Breakdown
Residential
8,040
Single Family
7,452
Multi-Family
588
Businesses
808
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Listed by: Janet Kinard • Landmark Realty
Mls Name: My State MLS
Mls ID: #11580464