130 Connie AveSaltilloMS38866
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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
Rental property for sale in Saltillo at 130 Connie Ave, Saltillo, MS, 38866 priced at $220,420 pairs $2,346/mo rent with $902/mo cash flow after a $1,079/mo payment. Total monthly income equals $2,346/mo, and annual cash flow comes to $10,824/yr on $73,069 invested. Return on cash invested is 34.72% in year one, and rental yield stands at 12.77% on a $220,420 basis. Equity gained on principal adds $1,422/yr, and 5% annual appreciation accumulates to $60,898 by year five. Five-year ROI measures 182.82% and total cumulative return in cash reaches $133,583. For financing, Ziffy Mortgage’s DSCR program evaluates $2,346/mo property income against a $1,079/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38866, Saltillo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,595 (100%) |
| Owner Occupied HU | 3,981 (71.2%) |
| Renter Occupied HU | 1,062 (19.0%) |
| Vacant Housing Units | 552 ( 9.9%) |
| Median Home Value | $235,167 |
| Average Home Value | $246,466 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,995
Multi-Family
0
Businesses
286
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Listed by: N/A • N/A
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Mls ID: #N/A