135 Edgewater DrSaltilloMS38866
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 Saltillo at 135 Edgewater Dr, Saltillo, MS, 38866 at $610,000 posts ROI 24.51% with $744/mo cash flow from $4,477/mo rent. Total monthly income equals $4,477/mo, and annual cash flow records $8,925/yr on $200,690 to close. Return on cash invested measures 24.51% and rental yield reads 8.81% at the current $610,000. Equity gained on principal adds $3,936/yr, and 5% annual appreciation supports $168,532 by year five. Five-year ROI prints 127.38% and total cumulative return in cash totals $255,631.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,477/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
1.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacob Jolly • JASON WARREN AND ASSOCIATES, INC
Mls Name: NMMLS
Mls ID: #25-2521