180 McCain RdClevelandMS38732
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 Cleveland at 180 McCain Rd, Cleveland, MS, 38732 priced at $481,300 converts $3,397/mo rent into $388/mo cash flow after a $2,356/mo obligation. Total monthly income equals $3,397/mo, and annual cash flow totals $4,652/yr on $159,551 invested. Return on cash invested prints 22.82% in year one, and rental yield reads 8.47% against a $481,300 entry. Equity gained on principal adds $3,106/yr, while 5% annual appreciation compiles into $132,974 by year five. Five-year ROI reaches 118.56% and total cumulative return in cash sums $189,161. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,397/mo property income covering a $2,356/mo payment, not borrower’s personal income.
Single Family
Built in 1999
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38732, Cleveland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,565 (100%) |
| Owner Occupied HU | 4,014 (53.1%) |
| Renter Occupied HU | 2,663 (35.2%) |
| Vacant Housing Units | 888 (11.7%) |
| Median Home Value | $166,371 |
| Average Home Value | $215,644 |
Housing Distribution
Address Breakdown
Residential
7,183
Single Family
6,479
Multi-Family
704
Businesses
972
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Nearby investment properties with comparable prices
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