260 Knight Parker RdMeridianMS39301
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 Meridian at 260 Knight Parker Rd, Meridian, MS, 39301 generates $2,254/mo in rent and, after a $1,085/mo payment, leaves $898/mo in cash flow. Total monthly income is $2,254/mo, and annual cash flow is $10,770/yr on $73,460 invested. Return on cash invested sits at 34.57% in year one, and rental yield is 12.21% on a $221,600 entry. Equity gained on principal adds $1,430/yr, while 5% annual appreciation builds toward $61,224 over five years. Five-year ROI reaches 181.42% and total cumulative return in cash sums $133,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,254/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39301, Meridian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,092 (100%) |
| Owner Occupied HU | 5,987 (54.0%) |
| Renter Occupied HU | 3,494 (31.5%) |
| Vacant Housing Units | 1,611 (14.5%) |
| Median Home Value | $133,088 |
| Average Home Value | $178,415 |
Housing Distribution
Address Breakdown
Residential
10,675
Single Family
9,305
Multi-Family
1,370
Businesses
1,485
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