206 Ellis StMendenhallMS39114
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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
Rental property for sale in Mendenhall at 206 Ellis St, Mendenhall, MS, 39114 priced at $125,000 converts $943/mo rent into $137/mo cash flow after a $612/mo obligation. Total monthly income equals $943/mo, and annual cash flow totals $1,640/yr on $41,438 invested. Return on cash invested prints 23.87% in year one, and rental yield reads 9.05% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 124.45% and total cumulative return in cash sums $51,569. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $943/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39114, Mendenhall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,567 (100%) |
| Owner Occupied HU | 3,226 (70.6%) |
| Renter Occupied HU | 719 (15.7%) |
| Vacant Housing Units | 622 (13.6%) |
| Median Home Value | $122,723 |
| Average Home Value | $169,704 |
Housing Distribution
Address Breakdown
Residential
4,107
Single Family
3,999
Multi-Family
108
Businesses
344
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Listed by: Roma Windham • All Pro Realty, LLC
Mls Name: HSMLS
Mls Provider:
Mls ID: #143237
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.