1437 Steens Vernon RdSteensMS39766
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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 Steens at 1437 Steens Vernon Rd, Steens, MS, 39766 uses $94,444 cash to close to unlock $6,672/yr annual cash flow and $556/mo monthly cash flow. Total monthly income runs $2,299/mo, and a $1,394/mo payment keeps the spread at $556/mo. Purchase price stands at $284,900, and rental yield measures 9.68% with $2,299/mo rent. Return on cash invested shows 26.97% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 140.62% and total cumulative return in cash records $132,803. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,299/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39766, Steens, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,218 (100%) |
| Owner Occupied HU | 891 (73.2%) |
| Renter Occupied HU | 184 (15.1%) |
| Vacant Housing Units | 143 (11.7%) |
| Median Home Value | $195,905 |
| Average Home Value | $189,360 |
Housing Distribution
Address Breakdown
Residential
1,137
Single Family
1,137
Multi-Family
0
Businesses
41
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Listed by: JEROME STEPHENSON • CRYE-LEIKE PROPERTIES UNLIMITED
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1024