2012 Springfield DrBeldenMS38826
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 Belden at 2012 Springfield Dr, Belden, MS, 38826 offers $2,114/mo rent that, after a $1,245/mo payment, leaves $518/mo cash flow. Total monthly income is $2,114/mo, and annual cash flow is $6,218/yr on $84,334 cash. Return on cash invested measures 27.28% in year one, and rental yield stands at 9.97% at a $254,400 entry. Equity gained on principal adds $1,642/yr while 5% annual appreciation compounds into $70,286 by year five. Five-year ROI records 142.55% and total cumulative return in cash reaches $120,215. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,114/mo property income versus a $1,245/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38826, Belden, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,696 (100%) |
| Owner Occupied HU | 1,888 (70.0%) |
| Renter Occupied HU | 506 (18.8%) |
| Vacant Housing Units | 302 (11.2%) |
| Median Home Value | $281,075 |
| Average Home Value | $305,440 |
Housing Distribution
Address Breakdown
Residential
2,437
Single Family
2,437
Multi-Family
0
Businesses
141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A