1976 McClain StGreenvilleMS38701
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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 Greenville at 1976 McClain St, Greenville, MS, 38701 priced at $319,000 converts $2,230/mo rent into $278/mo cash flow after a $1,561/mo obligation. Total monthly income equals $2,230/mo, and annual cash flow totals $3,339/yr on $105,749 invested. Return on cash invested prints 23.07% in year one, and rental yield reads 8.39% against a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,134 by year five. Five-year ROI reaches 119.71% and total cumulative return in cash sums $126,589. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,230/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38701, Greenville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,118 (100%) |
| Owner Occupied HU | 5,025 (49.7%) |
| Renter Occupied HU | 3,593 (35.5%) |
| Vacant Housing Units | 1,500 (14.8%) |
| Median Home Value | $124,149 |
| Average Home Value | $181,273 |
Housing Distribution
Address Breakdown
Residential
9,196
Single Family
8,148
Multi-Family
1,048
Businesses
961
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Listed by: Al Brock • AL BROCK REAL ESTATE
Mls Name: Greenville Area BOR
Mls ID: #89828