179 Wakefield DrSteensMS39766
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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 Steens at 179 Wakefield Dr, Steens, MS, 39766 generates $3,107/mo in rent and, after a $1,646/mo payment, leaves $1,017/mo in cash flow. Total monthly income is $3,107/mo, and annual cash flow is $12,203/yr on $111,450 invested. Return on cash invested sits at 30.86% in year one, and rental yield is 11.09% on a $336,200 entry. Equity gained on principal adds $2,169/yr, while 5% annual appreciation builds toward $92,886 over five years. Five-year ROI reaches 161.58% and total cumulative return in cash sums $180,085. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,107/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39766, Steens, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,218 (100%) |
| Owner Occupied HU | 891 (73.2%) |
| Renter Occupied HU | 184 (15.1%) |
| Vacant Housing Units | 143 (11.7%) |
| Median Home Value | $195,905 |
| Average Home Value | $189,360 |
Housing Distribution
Address Breakdown
Residential
1,137
Single Family
1,137
Multi-Family
0
Businesses
41
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Listed by: N/A • N/A
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Mls ID: #N/A