1980 Wakefield Rd, Coldwater, MS, 38618 | $202/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Coldwater at 1980 Wakefield Rd, Coldwater, MS, 38618 offers $2,344/mo rent that, after a $1,713/mo payment, leaves $202/mo cash flow. Total monthly income is $2,344/mo, and annual cash flow is $2,427/yr on $116,025 cash. Return on cash invested measures 22% in year one, and rental yield stands at 8.04% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 114% and total cumulative return in cash reaches $132,266. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,344/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2005

4 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 38618, Coldwater, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,095 (100%)
Owner Occupied HU	3,730 (73.2%)
Renter Occupied HU	781 (15.3%)
Vacant Housing Units	584 (11.5%)
Median Home Value	$221,245
Average Home Value	$229,432