208 Cedar Crest DrColdwaterMS38618
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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 Coldwater at 208 Cedar Crest Dr, Coldwater, MS, 38618 offers a 7.62% rental yield on a $229,900 purchase with $1,460/mo rent. Total monthly income registers $1,460/mo, and a $1,125/mo payment leaves $53/mo available for distribution. Annual cash flow reaches $640/yr on $76,212 to close, and return on cash invested stands at 20.75% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 107.29% and total cumulative return in cash at $81,767. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,460/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
2.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38618, Coldwater, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,095 (100%) |
| Owner Occupied HU | 3,730 (73.2%) |
| Renter Occupied HU | 781 (15.3%) |
| Vacant Housing Units | 584 (11.5%) |
| Median Home Value | $221,245 |
| Average Home Value | $229,432 |
Housing Distribution
Address Breakdown
Residential
4,953
Single Family
4,929
Multi-Family
24
Businesses
185
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Listed by: Hannah Glidewell • Pioneer Auction & Realty Llc
Mls Name: MLS United
Mls ID: #4116159