1728 Forrest DrSouthavenMS38671
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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 Southaven at 1728 Forrest Dr, Southaven, MS, 38671 listed at $188,000 pairs $1,664/mo rent with a $920/mo payment to leave $514/mo cash flow. Total monthly income runs $1,664/mo, and annual cash flow reaches $6,164/yr on $62,322 cash to close. Return on cash invested measures 29.8% in year one, and rental yield registers 10.62% at a $188,000 basis. Equity gained on principal adds $1,213/yr, and annual property appreciation at 5% supports $51,941 by year five. Five-year ROI tracks 155.8% and total cumulative return in cash totals $97,100. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,664/mo property income relative to a $920/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38671, Southaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,099 (100%) |
| Owner Occupied HU | 9,245 (57.4%) |
| Renter Occupied HU | 5,393 (33.5%) |
| Vacant Housing Units | 1,461 ( 9.1%) |
| Median Home Value | $194,957 |
| Average Home Value | $229,616 |
Housing Distribution
Address Breakdown
Residential
15,934
Single Family
12,375
Multi-Family
3,559
Businesses
1,693
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Listed by: Audrey Jacobi • Austin Realty Group, Inc-Her
Mls Name: MLS United
Mls ID: #4132766