2301 Wellstone DrBeldenMS38826
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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 Belden at 2301 Wellstone Dr, Belden, MS, 38826 generates $1,200/mo in rent, after a $2,153/mo payment. Total monthly income is $1,200/mo. Return on cash invested sits at 5.27% in year one, and rental yield is 3.27% on a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 25.12% and total cumulative return in cash sums $36,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
$287 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38826, Belden, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,696 (100%) |
| Owner Occupied HU | 1,888 (70.0%) |
| Renter Occupied HU | 506 (18.8%) |
| Vacant Housing Units | 302 (11.2%) |
| Median Home Value | $281,075 |
| Average Home Value | $305,440 |
Housing Distribution
Address Breakdown
Residential
2,437
Single Family
2,437
Multi-Family
0
Businesses
141
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Listed by: Damon Palmer • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-3234
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.