31 Sanford RdCourtlandMS38620
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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 Courtland at 31 Sanford Rd, Courtland, MS, 38620 priced at $105,000 pairs $836/mo rent with $193/mo cash flow after a $514/mo payment. Total monthly income equals $836/mo, and annual cash flow comes to $2,320/yr on $34,808 invested. Return on cash invested is 26.58% in year one, and rental yield stands at 9.55% on a $105,000 basis. Equity gained on principal adds $678/yr, and 5% annual appreciation accumulates to $29,010 by year five. Five-year ROI measures 138.6% and total cumulative return in cash reaches $48,242. For financing, Ziffy Mortgage’s DSCR program evaluates $836/mo property income against a $514/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38620, Courtland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,114 (75.5%) |
| Renter Occupied HU | 221 (15.0%) |
| Vacant Housing Units | 140 ( 9.5%) |
| Median Home Value | $183,140 |
| Average Home Value | $178,196 |
Housing Distribution
Address Breakdown
Residential
1,352
Single Family
1,352
Multi-Family
0
Businesses
18
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Listed by: Clint Bolton • RE/Max Realty Group
Mls Name: NCMBR
Mls ID: #164420