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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Senatobia at 188 Cadet Dr, Senatobia, MS, 38668 priced at $319,900 converts $1,560/mo rent into after a $1,566/mo obligation. Total monthly income equals $1,560/mo. Return on cash invested prints 15.41% in year one, and rental yield reads 5.85% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 78.65% and total cumulative return in cash sums $83,408. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38668, Senatobia, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,734 (100%) |
| Owner Occupied HU | 3,823 (66.7%) |
| Renter Occupied HU | 1,423 (24.8%) |
| Vacant Housing Units | 488 ( 8.5%) |
| Median Home Value | $212,924 |
| Average Home Value | $225,574 |
Residential
5,333
Single Family
5,232
Multi-Family
101
Businesses
540
Date | Event | Price |
|---|---|---|
| 2024-11-13 | Listed for sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Clint Bolton • RE/Max Realty Group
Mls Name: NCMBR
Mls Provider:
Mls ID: #159487
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.
