315 State AvePhiladelphiaMS39350
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 Philadelphia at 315 State Ave, Philadelphia, MS, 39350 at $130,000 posts ROI 28.17% with $297/mo cash flow from $1,092/mo rent. Total monthly income equals $1,092/mo, and annual cash flow records $3,561/yr on $43,095 to close. Return on cash invested measures 28.17% and rental yield reads 10.08% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 147.09% and total cumulative return in cash totals $63,387.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,092/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39350, Philadelphia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,916 (100%) |
| Owner Occupied HU | 6,793 (68.5%) |
| Renter Occupied HU | 2,174 (21.9%) |
| Vacant Housing Units | 949 ( 9.6%) |
| Median Home Value | $115,180 |
| Average Home Value | $151,753 |
Housing Distribution
Address Breakdown
Residential
9,593
Single Family
9,279
Multi-Family
314
Businesses
955
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Nearby investment properties with comparable prices
Listed by: Melissa Phillips • Phillips Appraisal & Realty
Mls Name: MLS United
Mls ID: #4132016