1256 Wilcox RdGreenvilleMS38703
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 Greenville at 1256 Wilcox Rd, Greenville, MS, 38703 at $265,000 posts ROI 22.65% with $200/mo cash flow from $1,822/mo rent. Total monthly income equals $1,822/mo, and annual cash flow records $2,404/yr on $87,848 to close. Return on cash invested measures 22.65% and rental yield reads 8.25% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 117.47% and total cumulative return in cash totals $103,191.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,822/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38703, Greenville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,084 (100%) |
| Owner Occupied HU | 3,040 (50.0%) |
| Renter Occupied HU | 2,197 (36.1%) |
| Vacant Housing Units | 847 (13.9%) |
| Median Home Value | $79,823 |
| Average Home Value | $108,830 |
Housing Distribution
Address Breakdown
Residential
5,239
Single Family
4,729
Multi-Family
510
Businesses
386
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Nearby investment properties with comparable prices
Listed by: Misti C Lewis • Misti Mauceli Lewis Realty
Mls Name: MLS United
Mls ID: #4098885
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.