2819 27th StMeridianMS39305
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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
Investment property for sale in Meridian at 2819 27th St, Meridian, MS, 39305 offers a 14.13% rental yield on a $131,640 purchase with $1,550/mo rent. Total monthly income registers $1,550/mo, and a $644/mo payment leaves $528/mo available for distribution. Annual cash flow reaches $6,336/yr on $43,639 to close, and return on cash invested stands at 34.43% in year one. Equity gained on principal adds $849/yr while 5% annual appreciation supports $36,370 over five years. Portfolio math shows five-year ROI at 182.76% and total cumulative return in cash at $79,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,550/mo property income against a $644/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39305, Meridian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,272 (100%) |
| Owner Occupied HU | 5,740 (61.9%) |
| Renter Occupied HU | 2,607 (28.1%) |
| Vacant Housing Units | 925 ( 10.0%) |
| Median Home Value | $200,329 |
| Average Home Value | $300,961 |
Housing Distribution
Address Breakdown
Residential
9,023
Single Family
7,552
Multi-Family
1,471
Businesses
405
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Listed by: N/A • N/A
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Mls ID: #N/A