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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 Cleveland at 202 N 2nd Ave, Cleveland, MS, 38732 priced at $149,000 pairs $1,121/mo rent with $112/mo cash flow after a $729/mo payment. Total monthly income equals $1,121/mo, and annual cash flow comes to $1,344/yr on $49,394 invested. Return on cash invested is 22.63% in year one, and rental yield stands at 9.03% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 118.3% and total cumulative return in cash reaches $58,432. For financing, Ziffy Mortgage’s DSCR program evaluates $1,121/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38732, Cleveland, MS area.
| 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 |
Residential
7,183
Single Family
6,479
Multi-Family
704
Businesses
972
Date | Event | Price |
|---|---|---|
| 2025-05-06 | Listed for sale | $149,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-14 | $2168.17 | -0.78% | $12,780 | N/A |
| 2023-05-14 | $2185.29 | 2.92% | $12,780 | N/A |
| 2022-05-14 | $2123.31 | 5.18% | $12,780 | 5.58% |
Listed by: Marie Ware • Griffith Real Estate, Inc.
Mls Name: Mid Delta Data Sharing Network
Mls ID: #104267
