2072 Spruill RdCaledoniaMS39740
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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 Caledonia at 2072 Spruill Rd, Caledonia, MS, 39740 offers a 8.01% rental yield on a $279,000 purchase with $1,862/mo rent. Total monthly income registers $1,862/mo, and a $1,366/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,851/yr on $92,489 to close, and return on cash invested stands at 21.91% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 113.52% and total cumulative return in cash at $104,995. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,862/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39740, Caledonia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,480 (100%) |
| Owner Occupied HU | 1,855 (74.8%) |
| Renter Occupied HU | 382 (15.4%) |
| Vacant Housing Units | 243 ( 9.8%) |
| Median Home Value | $247,557 |
| Average Home Value | $242,942 |
Housing Distribution
Address Breakdown
Residential
2,228
Single Family
2,228
Multi-Family
0
Businesses
81
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Listed by: KALEENA RICHARDSON • LEGACY REAL ESTATE GROUP
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-2049