1633 Spruill RdCaledoniaMS39740
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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 Caledonia at 1633 Spruill Rd, Caledonia, MS, 39740 with 5% annual appreciation on a $344,900 basis while $2,411/mo rent supports operations. Total monthly income totals $2,411/mo and a $1,688/mo payment preserves $301/mo for cash returns. Annual cash flow comes to $3,606/yr on $114,334 deployed, and return on cash invested reaches 23.06% in year one. Equity gained on principal adds $2,226/yr, and five-year appreciation sums $95,290 alongside rental yield of 8.39%. Five-year ROI measures 119.68% and total cumulative return in cash totals $136,833.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,411/mo property income versus a $1,688/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39740, Caledonia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,480 (100%) |
| Owner Occupied HU | 1,855 (74.8%) |
| Renter Occupied HU | 382 (15.4%) |
| Vacant Housing Units | 243 ( 9.8%) |
| Median Home Value | $247,557 |
| Average Home Value | $242,942 |
Housing Distribution
Address Breakdown
Residential
2,228
Single Family
2,228
Multi-Family
0
Businesses
81
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Listed by: COLIN KRIEGER • RE/MAX PARTNERS
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-2149