260 Wakefield DrSteensMS39766
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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
Rental property for sale in Steens at 260 Wakefield Dr, Steens, MS, 39766 generates $3,895/mo in rent and, after a $1,908/mo payment, leaves $1,494/mo in cash flow. Total monthly income is $3,895/mo, and annual cash flow is $17,925/yr on $129,252 invested. Return on cash invested sits at 33.78% in year one, and rental yield is 11.99% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 177.16% and total cumulative return in cash sums $228,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,895/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
1.13 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
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Listed by: Matthew Eaves • REAL BROKER, LLC
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-778
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.