2843 Prichard RdColdwaterMS38618
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 Coldwater at 2843 Prichard Rd, Coldwater, MS, 38618 priced at $195,000 pairs $1,411/mo rent with $218/mo cash flow after a $954/mo payment. Total monthly income equals $1,411/mo, and annual cash flow comes to $2,617/yr on $64,643 invested. Return on cash invested is 23.96% in year one, and rental yield stands at 8.68% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 124.5% and total cumulative return in cash reaches $80,482. For financing, Ziffy Mortgage’s DSCR program evaluates $1,411/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1996
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38618, Coldwater, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,095 (100%) |
| Owner Occupied HU | 3,730 (73.2%) |
| Renter Occupied HU | 781 (15.3%) |
| Vacant Housing Units | 584 (11.5%) |
| Median Home Value | $221,245 |
| Average Home Value | $229,432 |
Housing Distribution
Address Breakdown
Residential
4,953
Single Family
4,929
Multi-Family
24
Businesses
185
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Nearby investment properties with comparable prices
Listed by: Leigh Deming • Austin Realty Group, Inc-Her
Mls Name: MLS United
Mls ID: #4108400
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.