308 S Franklin StAberdeenMS39730
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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
Rental property for sale in Aberdeen at 308 S Franklin St, Aberdeen, MS, 39730 generates $1,179/mo in rent and, after a $734/mo payment, leaves $188/mo in cash flow. Total monthly income is $1,179/mo, and annual cash flow is $2,255/yr on $49,692 invested. Return on cash invested sits at 24.45% in year one, and rental yield is 9.44% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 127.72% and total cumulative return in cash sums $63,467. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,179/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39730, Aberdeen, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,489 (100%) |
| Owner Occupied HU | 3,512 (64.0%) |
| Renter Occupied HU | 1,090 (19.9%) |
| Vacant Housing Units | 887 (16.2%) |
| Median Home Value | $123,325 |
| Average Home Value | $160,675 |
Housing Distribution
Address Breakdown
Residential
5,013
Single Family
4,990
Multi-Family
23
Businesses
520
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Listed by: Sarah Hoing • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-3335
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.