13 Canebrake DrCrystal SpringsMS39059
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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
Investment property for sale in Crystal Springs at 13 Canebrake Dr, Crystal Springs, MS, 39059 uses $140,722 cash to close to unlock $2,604/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $2,815/mo, and a $2,078/mo payment keeps the spread at $217/mo. Purchase price stands at $424,500, and rental yield measures 7.96% with $2,815/mo rent. Return on cash invested shows 21.76% in year one, and 5% annual appreciation builds toward $117,282 over five years. Five-year ROI reaches 112.66% and total cumulative return in cash records $158,536. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,815/mo property income covering a $2,078/mo payment rather than investor’s personal income.
Single Family
Built in 1990
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39059, Crystal Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,240 (100%) |
| Owner Occupied HU | 3,645 (69.6%) |
| Renter Occupied HU | 1,023 (19.5%) |
| Vacant Housing Units | 572 (10.9%) |
| Median Home Value | $113,603 |
| Average Home Value | $172,632 |
Housing Distribution
Address Breakdown
Residential
4,762
Single Family
4,613
Multi-Family
149
Businesses
347
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Listed by: Mitzi Cline • Cline Realty, LLC
Mls Name: MLS United
Mls ID: #4122705