215 Providence RdTremontMS38876
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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
Rental property for sale in Tremont at 215 Providence Rd, Tremont, MS, 38876 generates $1,146/mo in rent and, after a $846/mo payment, leaves $69/mo in cash flow. Total monthly income is $1,146/mo, and annual cash flow is $834/yr on $57,316 invested. Return on cash invested sits at 21.36% in year one, and rental yield is 7.95% on a $172,900 entry. Equity gained on principal adds $1,116/yr, while 5% annual appreciation builds toward $47,769 over five years. Five-year ROI reaches 110.75% and total cumulative return in cash sums $63,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,146/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38876, Tremont, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 400 (66.6%) |
| Renter Occupied HU | 119 (19.8%) |
| Vacant Housing Units | 82 (13.6%) |
| Median Home Value | $134,766 |
| Average Home Value | $175,644 |
Housing Distribution
Address Breakdown
Residential
567
Single Family
567
Multi-Family
0
Businesses
17
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A