237 Wiley StGreenvilleMS38703
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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 Greenville at 237 Wiley St, Greenville, MS, 38703 uses $61,328 cash to close to unlock $2,005/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $1,425/mo, and a $905/mo payment keeps the spread at $167/mo. Purchase price stands at $185,000, and rental yield measures 9.24% with $1,425/mo rent. Return on cash invested shows 23.18% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 121.24% and total cumulative return in cash records $74,355. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,425/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38703, Greenville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,084 (100%) |
| Owner Occupied HU | 3,040 (50.0%) |
| Renter Occupied HU | 2,197 (36.1%) |
| Vacant Housing Units | 847 (13.9%) |
| Median Home Value | $79,823 |
| Average Home Value | $108,830 |
Housing Distribution
Address Breakdown
Residential
5,239
Single Family
4,729
Multi-Family
510
Businesses
386
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Listed by: Bridgett Winters • HOMELAND REALTY, LLC
Mls Name: Greenville Area BOR
Mls ID: #89988
Disclaimer: Copyright Greenville Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.