2 Pecan DrClevelandMS38732
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 2 Pecan Dr, Cleveland, MS, 38732 priced at $104,900 pairs $821/mo rent with $153/mo cash flow after a $513/mo payment. Total monthly income equals $821/mo, and annual cash flow comes to $1,832/yr on $34,774 invested. Return on cash invested is 25.18% in year one, and rental yield stands at 9.39% on a $104,900 basis. Equity gained on principal adds $677/yr, and 5% annual appreciation accumulates to $28,982 by year five. Five-year ROI measures 131.36% and total cumulative return in cash reaches $45,678. For financing, Ziffy Mortgage’s DSCR program evaluates $821/mo property income against a $513/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.33 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
Listed by: Libbi Logan • Partnership Properties
Mls Name: Mid Delta Data Sharing Network
Mls ID: #104160