329 Walker RdClevelandMS38732
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 Cleveland at 329 Walker Rd, Cleveland, MS, 38732 priced at $165,000 pairs $1,279/mo rent with $269/mo cash flow after a $808/mo payment. Total monthly income equals $1,279/mo, and annual cash flow comes to $3,226/yr on $54,698 invested. Return on cash invested is 25.81% in year one, and rental yield stands at 9.3% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 134.4% and total cumulative return in cash reaches $73,511. For financing, Ziffy Mortgage’s DSCR program evaluates $1,279/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38732, Cleveland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,565 (100%) |
| Owner Occupied HU | 4,014 (53.1%) |
| Renter Occupied HU | 2,663 (35.2%) |
| Vacant Housing Units | 888 (11.7%) |
| Median Home Value | $166,371 |
| Average Home Value | $215,644 |
Housing Distribution
Address Breakdown
Residential
7,183
Single Family
6,479
Multi-Family
704
Businesses
972
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charlie Heinsz • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4119254