237 Scr #128RaleighMS39153
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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 Raleigh at 237 Scr #128, Raleigh, MS, 39153 generates $1,418/mo in rent and, after a $808/mo payment, leaves $408/mo in cash flow. Total monthly income is $1,418/mo, and annual cash flow is $4,894/yr on $54,698 invested. Return on cash invested sits at 28.86% in year one, and rental yield is 10.31% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 150.74% and total cumulative return in cash sums $82,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,418/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39153, Raleigh, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,311 (72.5%) |
| Renter Occupied HU | 189 (10.4%) |
| Vacant Housing Units | 309 (17.1%) |
| Median Home Value | $130,889 |
| Average Home Value | $168,991 |
Housing Distribution
Address Breakdown
Residential
1,251
Single Family
1,207
Multi-Family
44
Businesses
114
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Listed by: Teresa Love • Bang Realty
Mls Name: MLS United
Mls ID: #4092271
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.