29 Honeysuckle DrSteensMS39766
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 Steens at 29 Honeysuckle Dr, Steens, MS, 39766 with 5% annual appreciation on a $180,000 basis while $1,448/mo rent supports operations. Total monthly income totals $1,448/mo and a $881/mo payment preserves $347/mo for cash returns. Annual cash flow comes to $4,158/yr on $59,670 deployed, and return on cash invested reaches 26.88% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,731 alongside rental yield of 9.65%. Five-year ROI measures 140.16% and total cumulative return in cash totals $83,633.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,448/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
0.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cody L Coleman • ELEVATION REAL ESTATE GROUP
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1000
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.