240 Flower Garden DrSouthavenMS38671
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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 Southaven at 240 Flower Garden Dr, Southaven, MS, 38671 priced at $264,900 pairs $2,034/mo rent with $413/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,034/mo, and annual cash flow comes to $4,950/yr on $87,814 invested. Return on cash invested is 25.55% in year one, and rental yield stands at 9.21% on a $264,900 basis. Equity gained on principal adds $1,709/yr, and 5% annual appreciation accumulates to $73,187 by year five. Five-year ROI measures 133% and total cumulative return in cash reaches $116,792. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
5,834 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38671, Southaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,099 (100%) |
| Owner Occupied HU | 9,245 (57.4%) |
| Renter Occupied HU | 5,393 (33.5%) |
| Vacant Housing Units | 1,461 ( 9.1%) |
| Median Home Value | $194,957 |
| Average Home Value | $229,616 |
Housing Distribution
Address Breakdown
Residential
15,934
Single Family
12,375
Multi-Family
3,559
Businesses
1,693
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Listed by: Kay Jefferies • Haley and Associates Real Estate Services, LLC
Mls Name: MLS United
Mls ID: #4134757