2705 River RdGreenwoodMS38930
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
Investment property for sale in Greenwood at 2705 River Rd, Greenwood, MS, 38930 offers a 1.44% rental yield on a $550,000 purchase with $660/mo rent. 12% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 7.32% and total cumulative return in cash at $13,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $660/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38930, Greenwood, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,411 (100%) |
| Owner Occupied HU | 5,250 (50.4%) |
| Renter Occupied HU | 3,877 (37.2%) |
| Vacant Housing Units | 1,284 (12.3%) |
| Median Home Value | $105,816 |
| Average Home Value | $170,594 |
Housing Distribution
Address Breakdown
Residential
9,617
Single Family
8,740
Multi-Family
877
Businesses
1,138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lyn McCool • Powers Properties
Mls Name: MLS United
Mls ID: #4136688