17 County Road 257 HOUSE 1GlenMS38846
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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 Glen at 17 County Road 257 HOUSE 1, Glen, MS, 38846 generates $2,400/mo in rent and, after a $1,175/mo payment, leaves $931/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $11,172/yr on $79,560 invested. Return on cash invested sits at 33.95% in year one, and rental yield is 12% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 178.04% and total cumulative return in cash sums $141,650. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
3.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38846, Glen, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,075 (100%) |
| Owner Occupied HU | 786 (73.1%) |
| Renter Occupied HU | 146 (13.6%) |
| Vacant Housing Units | 143 (13.3%) |
| Median Home Value | $133,036 |
| Average Home Value | $168,448 |
Housing Distribution
Address Breakdown
Residential
909
Single Family
909
Multi-Family
0
Businesses
40
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Listed by: Bret Carroll • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls ID: #25-2581