216 E President AveGreenwoodMS38930
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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 Greenwood at 216 E President Ave, Greenwood, MS, 38930 at $250,000 posts ROI 31.87% with $826/mo cash flow from $2,356/mo rent. Total monthly income equals $2,356/mo, and annual cash flow records $9,909/yr on $82,875 to close. Return on cash invested measures 31.87% and rental yield reads 11.31% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 166.88% and total cumulative return in cash totals $138,298.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,356/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38930, Greenwood, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,411 (100%) |
| Owner Occupied HU | 5,250 (50.4%) |
| Renter Occupied HU | 3,877 (37.2%) |
| Vacant Housing Units | 1,284 (12.3%) |
| Median Home Value | $105,816 |
| Average Home Value | $170,594 |
Housing Distribution
Address Breakdown
Residential
9,617
Single Family
8,740
Multi-Family
877
Businesses
1,138
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Listed by: Melanie Harris • Harris Realty
Mls Name: My State MLS
Mls ID: #11634625