1652 Fairground RdGrenadaMS38901
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
Investment property for sale in Grenada at 1652 Fairground Rd, Grenada, MS, 38901 at $114,900 posts ROI 45.72% with $819/mo cash flow from $1,522/mo rent. Total monthly income equals $1,522/mo, and annual cash flow records $9,831/yr on $38,089 to close. Return on cash invested measures 45.72% and rental yield reads 15.9% at the current $114,900. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 by year five. Five-year ROI prints 241.24% and total cumulative return in cash totals $91,886.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,522/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38901, Grenada, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,389 (100%) |
| Owner Occupied HU | 4,779 (57.0%) |
| Renter Occupied HU | 2,606 (31.1%) |
| Vacant Housing Units | 1,004 (12.0%) |
| Median Home Value | $144,519 |
| Average Home Value | $191,613 |
Housing Distribution
Address Breakdown
Residential
8,040
Single Family
7,452
Multi-Family
588
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A