3044 Broadway Ext NGreenvilleMS38703
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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 Greenville at 3044 Broadway Ext N, Greenville, MS, 38703 offers a 9.4% rental yield on a $104,000 purchase with $815/mo rent. Total monthly income registers $815/mo, and a $509/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,143/yr on $34,476 to close, and return on cash invested stands at 26.13% in year one. Equity gained on principal adds $671/yr while 5% annual appreciation supports $28,733 over five years. Portfolio math shows five-year ROI at 136.16% and total cumulative return in cash at $46,944. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $815/mo property income against a $509/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
20.94 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38703, Greenville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,084 (100%) |
| Owner Occupied HU | 3,040 (50.0%) |
| Renter Occupied HU | 2,197 (36.1%) |
| Vacant Housing Units | 847 (13.9%) |
| Median Home Value | $79,823 |
| Average Home Value | $108,830 |
Housing Distribution
Address Breakdown
Residential
5,239
Single Family
4,729
Multi-Family
510
Businesses
386
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Listed by: Gaila Oliver • GAILA OLIVER REALTY
Mls Name: Greenville Area BOR
Mls ID: #90089