204 Prewitt CirRichlandMS39218
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 Richland at 204 Prewitt Cir, Richland, MS, 39218 priced at $260,000 pairs $2,298/mo rent with $707/mo cash flow after a $1,273/mo payment. Total monthly income equals $2,298/mo, and annual cash flow comes to $8,478/yr on $86,190 invested. Return on cash invested is 29.75% in year one, and rental yield stands at 10.61% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 155.52% and total cumulative return in cash reaches $134,045. For financing, Ziffy Mortgage’s DSCR program evaluates $2,298/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39218, Richland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,787 (64.0%) |
| Renter Occupied HU | 773 (27.7%) |
| Vacant Housing Units | 233 ( 8.3%) |
| Median Home Value | $169,424 |
| Average Home Value | $194,079 |
Housing Distribution
Address Breakdown
Residential
2,965
Single Family
2,261
Multi-Family
704
Businesses
526
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Listed by: Jo Holliday • Keystone Realty Corporation
Mls Name: MLS United
Mls ID: #4120577
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.