258 S Rayleigh DrSteensMS39766
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 Steens at 258 S Rayleigh Dr, Steens, MS, 39766 offers $2,785/mo rent that, after a $1,683/mo payment, leaves $681/mo cash flow. Total monthly income is $2,785/mo, and annual cash flow is $8,169/yr on $114,003 cash. Return on cash invested measures 27.07% in year one, and rental yield stands at 9.72% at a $343,900 entry. Equity gained on principal adds $2,219/yr while 5% annual appreciation compounds into $95,013 by year five. Five-year ROI records 141.17% and total cumulative return in cash reaches $160,939. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,785/mo property income versus a $1,683/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39766, Steens, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,218 (100%) |
| Owner Occupied HU | 891 (73.2%) |
| Renter Occupied HU | 184 (15.1%) |
| Vacant Housing Units | 143 (11.7%) |
| Median Home Value | $195,905 |
| Average Home Value | $189,360 |
Housing Distribution
Address Breakdown
Residential
1,137
Single Family
1,137
Multi-Family
0
Businesses
41
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