216 Trace CirRaymondMS39154
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
Rental property for sale in Raymond at 216 Trace Cir, Raymond, MS, 39154 offers $3,418/mo rent that, after a $1,625/mo payment, leaves $1,386/mo cash flow. Total monthly income is $3,418/mo, and annual cash flow is $16,636/yr on $110,058 cash. Return on cash invested measures 35.02% in year one, and rental yield stands at 12.35% at a $332,000 entry. Equity gained on principal adds $2,142/yr while 5% annual appreciation compounds into $91,725 by year five. Five-year ROI records 183.83% and total cumulative return in cash reaches $202,323. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,418/mo property income versus a $1,625/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39154, Raymond, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,673 (100%) |
| Owner Occupied HU | 2,877 (78.3%) |
| Renter Occupied HU | 497 (13.5%) |
| Vacant Housing Units | 299 ( 8.1%) |
| Median Home Value | $271,334 |
| Average Home Value | $280,469 |
Housing Distribution
Address Breakdown
Residential
3,229
Single Family
3,013
Multi-Family
216
Businesses
218
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Nearby investment properties with comparable prices
Listed by: Mark Metcalf • eXp Realty
Mls Name: MLS United
Mls ID: #4116628
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.