2113 Belmarie DrSouthavenMS38672
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
Investment property for sale in Southaven at 2113 Belmarie Dr, Southaven, MS, 38672 with 5% annual appreciation on a $545,500 basis while $3,779/mo rent supports operations. Total monthly income totals $3,779/mo and a $2,670/mo payment preserves $441/mo for cash returns. Annual cash flow comes to $5,289/yr on $179,470 deployed, and return on cash invested reaches 23.01% in year one. Equity gained on principal adds $3,520/yr, and five-year appreciation sums $150,712 alongside rental yield of 8.31%. Five-year ROI measures 119.33% and total cumulative return in cash totals $214,153.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,779/mo property income versus a $2,670/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38672, Southaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,831 (100%) |
| Owner Occupied HU | 5,849 (85.6%) |
| Renter Occupied HU | 714 (10.5%) |
| Vacant Housing Units | 268 ( 3.9%) |
| Median Home Value | $327,503 |
| Average Home Value | $356,143 |
Housing Distribution
Address Breakdown
Residential
6,719
Single Family
6,703
Multi-Family
16
Businesses
414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennie Holliday • Coldwell Banker Collins-Maury Southaven
Mls Name: MLS United
Mls ID: #4091931
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.