1515 W Flowers RdTerryMS39170
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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 Terry at 1515 W Flowers Rd, Terry, MS, 39170 generates $1,774/mo in rent and, after a $1,223/mo payment, leaves $245/mo in cash flow. Total monthly income is $1,774/mo, and annual cash flow is $2,938/yr on $82,842 invested. Return on cash invested sits at 23.46% in year one, and rental yield is 8.52% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 121.77% and total cumulative return in cash sums $100,874. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,774/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
4.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39170, Terry, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,973 (100%) |
| Owner Occupied HU | 3,347 (84.2%) |
| Renter Occupied HU | 329 ( 8.3%) |
| Vacant Housing Units | 297 ( 7.5%) |
| Median Home Value | $287,010 |
| Average Home Value | $295,793 |
Housing Distribution
Address Breakdown
Residential
3,888
Single Family
3,864
Multi-Family
24
Businesses
180
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Listed by: Christina Wells • Havard Real Estate Group, LLC
Mls Name: MLS United
Mls ID: #4091130
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.