300 College StPelahatchieMS39145
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 Pelahatchie at 300 College St, Pelahatchie, MS, 39145 generates $2,171/mo in rent and, after a $1,444/mo payment, leaves $366/mo in cash flow. Total monthly income is $2,171/mo, and annual cash flow is $4,387/yr on $97,793 invested. Return on cash invested sits at 24.4% in year one, and rental yield is 8.83% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 126.82% and total cumulative return in cash sums $124,022. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,171/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39145, Pelahatchie, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,340 (100%) |
| Owner Occupied HU | 1,811 (77.4%) |
| Renter Occupied HU | 306 (13.1%) |
| Vacant Housing Units | 223 ( 9.5%) |
| Median Home Value | $279,754 |
| Average Home Value | $327,742 |
Housing Distribution
Address Breakdown
Residential
2,049
Single Family
2,005
Multi-Family
44
Businesses
125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ragan Denham • Local Real Estate
Mls Name: MLS United
Mls ID: #4132581