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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% |
Investment property for sale in Senatobia at 204 Cadet Dr, Senatobia, MS, 38668 listed at $299,900 pairs $2,798/mo rent with a $1,468/mo payment to leave $953/mo cash flow. Total monthly income runs $2,798/mo, and annual cash flow reaches $11,432/yr on $99,417 cash to close. Return on cash invested measures 31.41% in year one, and rental yield registers 11.2% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 164.46% and total cumulative return in cash totals $163,504. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,798/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.46 Acres lot
$N/A/sqft
$120 annually HOA
Neighborhood data shown for ZIP Code: 38668, Senatobia, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,734 (100%) |
| Owner Occupied HU | 3,823 (66.7%) |
| Renter Occupied HU | 1,423 (24.8%) |
| Vacant Housing Units | 488 ( 8.5%) |
| Median Home Value | $212,924 |
| Average Home Value | $225,574 |
Residential
5,333
Single Family
5,232
Multi-Family
101
Businesses
540
Date | Event | Price |
|---|---|---|
| 2024-10-23 | Price change | $299,900 |
| 2024-10-02 | Price change | $309,900 |
| 2024-09-14 | Listed for sale | $314,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kyle Kendall • RE/MAX Realty Group
Mls Name: MLS United
Mls ID: #4091401
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
