1516 W Flowers RdTerryMS39170
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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 Terry at 1516 W Flowers Rd, Terry, MS, 39170 offers a 4.46% rental yield on a $387,500 purchase with $1,440/mo rent. 21% in year one. Equity gained on principal adds $2,500/yr while 5% annual appreciation supports $107,059 over five years. Portfolio math shows five-year ROI at 56.1% and total cumulative return in cash at $72,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $1,897/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1990
3.49 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: #4070345
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.