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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Merigold at 302 E South St, Merigold, MS, 38759 offers $1,111/mo rent that, after a $492/mo payment, leaves $496/mo cash flow. Total monthly income is $1,111/mo, and annual cash flow is $5,951/yr on $33,316 cash. Return on cash invested measures 37.77% in year one, and rental yield stands at 13.27% at a $100,500 entry. Equity gained on principal adds $649/yr while 5% annual appreciation compounds into $27,766 by year five. Five-year ROI records 198.55% and total cumulative return in cash reaches $66,149. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,111/mo property income versus a $492/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.34 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-11-15 | Listing removed | $75,000 |
| 2024-09-26 | Listed for sale | $75,000 |
| 2021-03-24 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $1.88 | N/A | $12,369 | N/A |
| 2023-11-03 | $1.88 | -99.95% | $12,369 | -33.34% |
| 2022-11-03 | $3576.67 | 4.91% | $18,554 | 6.34% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
