1706 Meadowood DrAmoryMS38821
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 Amory at 1706 Meadowood Dr, Amory, MS, 38821 uses $57,018 cash to close to unlock $6,640/yr annual cash flow and $553/mo monthly cash flow. Total monthly income runs $1,606/mo, and a $842/mo payment keeps the spread at $553/mo. Purchase price stands at $172,000, and rental yield measures 11.2% with $1,606/mo rent. Return on cash invested shows 31.55% in year one, and 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 165.25% and total cumulative return in cash records $94,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,606/mo property income covering a $842/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38821, Amory, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,742 (100%) |
| Owner Occupied HU | 3,727 (64.9%) |
| Renter Occupied HU | 977 (17.0%) |
| Vacant Housing Units | 1,038 (18.1%) |
| Median Home Value | $164,927 |
| Average Home Value | $206,246 |
Housing Distribution
Address Breakdown
Residential
5,335
Single Family
5,224
Multi-Family
111
Businesses
588
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacy P. Forbus • AMORY REALTY
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1260
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.