3211 Jade LnSouthavenMS38672
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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 Southaven at 3211 Jade Ln, Southaven, MS, 38672 offers $1,840/mo rent that, after a $1,170/mo payment, leaves $294/mo cash flow. Total monthly income is $1,840/mo, and annual cash flow is $3,527/yr on $79,229 cash. Return on cash invested measures 24.36% in year one, and rental yield stands at 9.24% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 127.06% and total cumulative return in cash reaches $100,668. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,840/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2014
3,049 sqft lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38672, Southaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,831 (100%) |
| Owner Occupied HU | 5,849 (85.6%) |
| Renter Occupied HU | 714 (10.5%) |
| Vacant Housing Units | 268 ( 3.9%) |
| Median Home Value | $327,503 |
| Average Home Value | $356,143 |
Housing Distribution
Address Breakdown
Residential
6,719
Single Family
6,703
Multi-Family
16
Businesses
414
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Nearby investment properties with comparable prices
Listed by: Daniel D Ray • RE/MAX Realty Group
Mls Name: MLS United
Mls ID: #4109685
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.