18 County Road 252GlenMS38846
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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 Glen at 18 County Road 252, Glen, MS, 38846 offers a 9.25% rental yield on a $119,900 purchase with $924/mo rent. Total monthly income registers $924/mo, and a $587/mo payment leaves $190/mo available for distribution. Annual cash flow reaches $2,282/yr on $39,747 to close, and return on cash invested stands at 25.65% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 133.63% and total cumulative return in cash at $53,112. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $924/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.17 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: #25-2116