2428 E Alexander 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 2428 E Alexander St, Greenville, MS, 38703 earns $172/mo cash flow from $783/mo rent with a $489/mo payment. Total monthly income totals $783/mo, and annual cash flow totals $2,058/yr on $33,150 capital. ROI tracks 26.12% on current figures, and rental yield reads 9.4% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 136.12% and total cumulative return in cash sums $45,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $783/mo property income instead of your personal income.
Single Family
Built in 1954
7,997 sqft 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: Chevy Davis • RIVERSIDE REALTY, LLC
Mls Name: Greenville Area BOR
Mls ID: #89962
Disclaimer: Copyright Greenville Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.