2036 County Road 470MeridianMS39301
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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
Investment property for sale in Meridian at 2036 County Road 470, Meridian, MS, 39301 uses $49,692 cash to close to unlock $3,329/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $1,195/mo, and a $734/mo payment keeps the spread at $277/mo. Purchase price stands at $149,900, and rental yield measures 9.57% with $1,195/mo rent. Return on cash invested shows 26.61% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 138.73% and total cumulative return in cash records $68,939. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,195/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39301, Meridian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,092 (100%) |
| Owner Occupied HU | 5,987 (54.0%) |
| Renter Occupied HU | 3,494 (31.5%) |
| Vacant Housing Units | 1,611 (14.5%) |
| Median Home Value | $133,088 |
| Average Home Value | $178,415 |
Housing Distribution
Address Breakdown
Residential
10,675
Single Family
9,305
Multi-Family
1,370
Businesses
1,485
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Listed by: Beau Burns • White Oak Properties, LLC
Mls Name: East Mississippi REALTORS
Mls ID: #25-959