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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cleveland at 2544 Highway 8, Cleveland, MS, 38732 listed at $181,300 pairs $1,576/mo rent with a $887/mo payment to leave $467/mo cash flow. Total monthly income runs $1,576/mo, and annual cash flow reaches $5,603/yr on $60,101 cash to close. Return on cash invested measures 29.23% in year one, and rental yield registers 10.43% at a $181,300 basis. Equity gained on principal adds $1,170/yr, and annual property appreciation at 5% supports $50,090 by year five. Five-year ROI tracks 152.71% and total cumulative return in cash totals $91,781. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,576/mo property income relative to a $887/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in N/A
3.15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38732, Cleveland, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,565 (100%) |
| Owner Occupied HU | 4,014 (53.1%) |
| Renter Occupied HU | 2,663 (35.2%) |
| Vacant Housing Units | 888 (11.7%) |
| Median Home Value | $166,371 |
| Average Home Value | $215,644 |
Residential
7,183
Single Family
6,479
Multi-Family
704
Businesses
972
Date | Event | Price |
|---|---|---|
| 2024-12-05 | Listing removed | $150,000 |
| 2024-09-04 | Listed for sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $589.24 | -4.30% | $5,115 | -6.25% |
| 2023-11-03 | $615.74 | 2.07% | $5,456 | N/A |
| 2022-11-03 | $603.25 | 1.32% | $5,456 | 0.42% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
