209 Glendale StSenatobiaMS38668
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 Senatobia at 209 Glendale St, Senatobia, MS, 38668 generates $1,442/mo in rent and, after a $783/mo payment, leaves $463/mo in cash flow. Total monthly income is $1,442/mo, and annual cash flow is $5,556/yr on $53,040 invested. Return on cash invested sits at 30.38% in year one, and rental yield is 10.81% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 158.92% and total cumulative return in cash sums $84,290. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,442/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38668, Senatobia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,734 (100%) |
| Owner Occupied HU | 3,823 (66.7%) |
| Renter Occupied HU | 1,423 (24.8%) |
| Vacant Housing Units | 488 ( 8.5%) |
| Median Home Value | $212,924 |
| Average Home Value | $225,574 |
Housing Distribution
Address Breakdown
Residential
5,333
Single Family
5,232
Multi-Family
101
Businesses
540
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Listed by: Brianna K Wray • Red Sea Realty Co Llc
Mls Name: MLS United
Mls ID: #4082670
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.