301 Mimosa DrFultonMS38843
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 Fulton at 301 Mimosa Dr, Fulton, MS, 38843 at $215,000 posts ROI 24.65% with $282/mo cash flow from $1,597/mo rent. Total monthly income equals $1,597/mo, and annual cash flow records $3,380/yr on $71,273 to close. Return on cash invested measures 24.65% and rental yield reads 8.91% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 128.21% and total cumulative return in cash totals $91,381.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,597/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
7 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38843, Fulton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 3,498 (66.0%) |
| Renter Occupied HU | 1,055 (19.9%) |
| Vacant Housing Units | 750 (14.1%) |
| Median Home Value | $140,759 |
| Average Home Value | $244,895 |
Housing Distribution
Address Breakdown
Residential
4,761
Single Family
4,699
Multi-Family
62
Businesses
438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A