209 Randolph StVardamanMS38878
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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 Vardaman at 209 Randolph St, Vardaman, MS, 38878 offers a 6.45% rental yield on a $175,000 purchase with $940/mo rent. 19% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 88.21% and total cumulative return in cash at $51,175. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $940/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38878, Vardaman, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,332 (100%) |
| Owner Occupied HU | 855 (64.2%) |
| Renter Occupied HU | 207 (15.5%) |
| Vacant Housing Units | 270 (20.3%) |
| Median Home Value | $83,421 |
| Average Home Value | $113,561 |
Housing Distribution
Address Breakdown
Residential
1,147
Single Family
1,123
Multi-Family
24
Businesses
58
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Listed by: Susan C. Chapman • Pontotoc Ridge Realty
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-1845
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.