209 Elm RdBatesvilleMS38606
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 Batesville at 209 Elm Rd, Batesville, MS, 38606 priced at $342,800 converts $3,550/mo rent into $1,275/mo cash flow after a $1,678/mo obligation. Total monthly income equals $3,550/mo, and annual cash flow totals $15,303/yr on $113,638 invested. Return on cash invested prints 33.38% in year one, and rental yield reads 12.43% against a $342,800 entry. Equity gained on principal adds $2,212/yr, while 5% annual appreciation compiles into $94,709 by year five. Five-year ROI reaches 175.67% and total cumulative return in cash sums $199,629. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,550/mo property income covering a $1,678/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38606, Batesville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 4,351 (67.3%) |
| Renter Occupied HU | 1,419 (21.9%) |
| Vacant Housing Units | 697 (10.8%) |
| Median Home Value | $178,967 |
| Average Home Value | $221,565 |
Housing Distribution
Address Breakdown
Residential
6,257
Single Family
5,958
Multi-Family
299
Businesses
830
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A