240 Bermuda DrGreenvilleMS38701
Nearby investment properties with comparable rents
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
Rental property for sale in Greenville at 240 Bermuda Dr, Greenville, MS, 38701 priced at $109,170 converts $2,633/mo rent into $1,738/mo cash flow after a $534/mo obligation. Total monthly income equals $2,633/mo, and annual cash flow totals $20,854/yr on $36,190 invested. Return on cash invested prints 77.53% in year one, and rental yield reads 28.94% against a $109,170 entry. Equity gained on principal adds $704/yr, while 5% annual appreciation compiles into $30,162 by year five. Five-year ROI reaches 414.49% and total cumulative return in cash sums $150,003. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,633/mo property income covering a $534/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38701, Greenville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,118 (100%) |
| Owner Occupied HU | 5,025 (49.7%) |
| Renter Occupied HU | 3,593 (35.5%) |
| Vacant Housing Units | 1,500 (14.8%) |
| Median Home Value | $124,149 |
| Average Home Value | $181,273 |
Housing Distribution
Address Breakdown
Residential
9,196
Single Family
8,148
Multi-Family
1,048
Businesses
961
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A