1509 Highway 407WinonaMS38967
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 Winona at 1509 Highway 407, Winona, MS, 38967 generates $1,309/mo in rent and, after a $783/mo payment, leaves $330/mo in cash flow. Total monthly income is $1,309/mo, and annual cash flow is $3,960/yr on $53,040 invested. Return on cash invested sits at 27.38% in year one, and rental yield is 9.82% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 142.76% and total cumulative return in cash sums $75,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,309/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38967, Winona, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,370 (100%) |
| Owner Occupied HU | 2,023 (60.0%) |
| Renter Occupied HU | 798 (23.7%) |
| Vacant Housing Units | 549 (16.3%) |
| Median Home Value | $125,278 |
| Average Home Value | $158,736 |
Housing Distribution
Address Breakdown
Residential
2,807
Single Family
2,807
Multi-Family
0
Businesses
362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle Cravens • Cravens Properties, LLC
Mls Name: My State MLS
Mls ID: #11626267