240 Magnolia DrRaleighMS39153
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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 Raleigh at 240 Magnolia Dr, Raleigh, MS, 39153 at $244,000 posts ROI 29.61% with $654/mo cash flow from $2,147/mo rent. Total monthly income equals $2,147/mo, and annual cash flow records $7,849/yr on $80,886 to close. Return on cash invested measures 29.61% and rental yield reads 10.56% at the current $244,000. Equity gained on principal adds $1,574/yr, and 5% annual appreciation supports $67,413 by year five. Five-year ROI prints 154.84% and total cumulative return in cash totals $125,242.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,147/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
1 sqft 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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