228 Drew Merigold RdMerigoldMS38759
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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 Merigold at 228 Drew Merigold Rd, Merigold, MS, 38759 at $179,900 posts ROI 30.95% with $549/mo cash flow from $1,650/mo rent. Total monthly income equals $1,650/mo, and annual cash flow records $6,584/yr on $59,637 to close. Return on cash invested measures 30.95% and rental yield reads 11.01% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 161.98% and total cumulative return in cash totals $96,597.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,650/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
2 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Libbi Logan • Partnership Properties
Mls Name: Mid Delta Data Sharing Network
Mls ID: #104263