170 Winchester DrFloraMS39071
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
Rental property for sale in Flora at 170 Winchester Dr, Flora, MS, 39071 priced at $549,000 converts $3,871/mo rent into $511/mo cash flow after a $2,687/mo obligation. Total monthly income equals $3,871/mo, and annual cash flow totals $6,138/yr on $180,621 invested. Return on cash invested prints 23.46% in year one, and rental yield reads 8.46% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 121.76% and total cumulative return in cash sums $219,920. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,871/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 2018
5.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39071, Flora, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,907 (77.6%) |
| Renter Occupied HU | 424 (17.2%) |
| Vacant Housing Units | 127 ( 5.2%) |
| Median Home Value | $268,137 |
| Average Home Value | $354,929 |
Housing Distribution
Address Breakdown
Residential
2,078
Single Family
1,966
Multi-Family
112
Businesses
212
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Listed by: Ralph M Harvey • Listwithfreedom.Com
Mls Name: MLS United
Mls ID: #4091876
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.