213 Mimosa DrRaleighMS39153
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 Raleigh at 213 Mimosa Dr, Raleigh, MS, 39153 with 5% annual appreciation on a $160,000 basis while $1,279/mo rent supports operations. Total monthly income totals $1,279/mo and a $783/mo payment preserves $300/mo for cash returns. Annual cash flow comes to $3,600/yr on $53,040 deployed, and return on cash invested reaches 26.7% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 9.59%. Five-year ROI measures 139.14% and total cumulative return in cash totals $73,802.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,279/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39153, Raleigh, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,311 (72.5%) |
| Renter Occupied HU | 189 (10.4%) |
| Vacant Housing Units | 309 (17.1%) |
| Median Home Value | $130,889 |
| Average Home Value | $168,991 |
Housing Distribution
Address Breakdown
Residential
1,251
Single Family
1,207
Multi-Family
44
Businesses
114
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Listed by: Joanna Martin • Jerry Ford Real Estate LLC
Mls Name: HSMLS
Mls ID: #144415