3038 Windwood CirFlowoodMS39232
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 Flowood at 3038 Windwood Cir, Flowood, MS, 39232 priced at $275,000 converts $2,076/mo rent into $369/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,076/mo, and annual cash flow totals $4,428/yr on $91,163 invested. Return on cash invested prints 24.77% in year one, and rental yield reads 9.06% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 128.91% and total cumulative return in cash sums $117,515. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,076/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1993
0.50 Acres lot
$N/A/sqft
$290 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39232, Flowood, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,484 (100%) |
| Owner Occupied HU | 2,355 (52.5%) |
| Renter Occupied HU | 1,907 (42.5%) |
| Vacant Housing Units | 222 ( 5.0%) |
| Median Home Value | $296,500 |
| Average Home Value | $359,751 |
Housing Distribution
Address Breakdown
Residential
4,364
Single Family
2,565
Multi-Family
1,799
Businesses
1,659
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tarsha Manning • W Real Estate LLC
Mls Name: MLS United
Mls ID: #4097096
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.