306 E Court AveMendenhallMS39114
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 Mendenhall at 306 E Court Ave, Mendenhall, MS, 39114 at $274,900 posts ROI 22.48% with $195/mo cash flow from $1,877/mo rent. Total monthly income equals $1,877/mo, and annual cash flow records $2,343/yr on $91,129 to close. Return on cash invested measures 22.48% and rental yield reads 8.19% at the current $274,900. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 by year five. Five-year ROI prints 116.58% and total cumulative return in cash totals $106,239.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,877/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39114, Mendenhall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,567 (100%) |
| Owner Occupied HU | 3,226 (70.6%) |
| Renter Occupied HU | 719 (15.7%) |
| Vacant Housing Units | 622 (13.6%) |
| Median Home Value | $122,723 |
| Average Home Value | $169,704 |
Housing Distribution
Address Breakdown
Residential
4,107
Single Family
3,999
Multi-Family
108
Businesses
344
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Listed by: Traci Amos • Havard Real Estate Group, LLC
Mls Name: MLS United
Mls ID: #4125667