2185 Plum Point RdSouthavenMS38672
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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 Southaven at 2185 Plum Point Rd, Southaven, MS, 38672 listed at $350,000 pairs $3,155/mo rent with a $1,713/mo payment to leave $980/mo cash flow. Total monthly income runs $3,155/mo, and annual cash flow reaches $11,757/yr on $116,025 cash to close. Return on cash invested measures 30.04% in year one, and rental yield registers 10.82% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 157.21% and total cumulative return in cash totals $182,402. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,155/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
2.30 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
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Nearby investment properties with comparable prices
Listed by: Karla M Fayne • Keller Williams Realty
Mls Name: MLS United
Mls ID: #4114811
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.