210 Frostland DrWater ValleyMS38965
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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 Water Valley at 210 Frostland Dr, Water Valley, MS, 38965 with 5% annual appreciation on a $190,000 basis while $1,340/mo rent supports operations. Total monthly income totals $1,340/mo and a $930/mo payment preserves $177/mo for cash returns. Annual cash flow comes to $2,127/yr on $62,985 deployed, and return on cash invested reaches 23.29% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 8.46%. Five-year ROI measures 120.92% and total cumulative return in cash totals $76,164.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,340/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1919
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38965, Water Valley, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,458 (100%) |
| Owner Occupied HU | 2,892 (64.9%) |
| Renter Occupied HU | 889 (19.9%) |
| Vacant Housing Units | 677 (15.2%) |
| Median Home Value | $150,475 |
| Average Home Value | $174,296 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,957
Multi-Family
62
Businesses
307
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Listed by: Luke Lipscomb • Turn Key Realty Group LLC
Mls Name: MLS United
Mls ID: #4092744
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.