308 John Glenn AveNatchezMS39120
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 Natchez at 308 John Glenn Ave, Natchez, MS, 39120 priced at $149,900 pairs $1,426/mo rent with $446/mo cash flow after a $734/mo payment. Total monthly income equals $1,426/mo, and annual cash flow comes to $5,346/yr on $49,692 invested. Return on cash invested is 30.67% in year one, and rental yield stands at 11.42% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 161.05% and total cumulative return in cash reaches $80,027. For financing, Ziffy Mortgage’s DSCR program evaluates $1,426/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39120, Natchez, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,822 (100%) |
| Owner Occupied HU | 8,965 (60.5%) |
| Renter Occupied HU | 3,669 (24.8%) |
| Vacant Housing Units | 2,188 (14.8%) |
| Median Home Value | $113,399 |
| Average Home Value | $184,808 |
Housing Distribution
Address Breakdown
Residential
13,672
Single Family
12,419
Multi-Family
1,253
Businesses
1,219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tabitha M Wroten • River Park Realty
Mls Name: MLS United
Mls ID: #4101255
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.