1283 Caleb LnColdwaterMS38618
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
Rental property for sale in Coldwater at 1283 Caleb Ln, Coldwater, MS, 38618 generates $2,156/mo in rent, after a $1,835/mo payment. Total monthly income is $2,156/mo. Return on cash invested sits at 18.57% in year one, and rental yield is 6.9% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 95.59% and total cumulative return in cash sums $118,827. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,156/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38618, Coldwater, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,095 (100%) |
| Owner Occupied HU | 3,730 (73.2%) |
| Renter Occupied HU | 781 (15.3%) |
| Vacant Housing Units | 584 (11.5%) |
| Median Home Value | $221,245 |
| Average Home Value | $229,432 |
Housing Distribution
Address Breakdown
Residential
4,953
Single Family
4,929
Multi-Family
24
Businesses
185
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Listed by: Tracy Kirkley • Crye-Leike Of MS-OB
Mls Name: MLS United
Mls ID: #4116343
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.