3341 Simpson Hwy #13MendenhallMS39114
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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
Total monthly income runs $1,640/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 6.06% with $1,640/mo rent. Return on cash invested shows 16.02% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 81.89% and total cumulative return in cash records $88,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,640/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 2023
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39114, Mendenhall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,567 (100%) |
| Owner Occupied HU | 3,226 (70.6%) |
| Renter Occupied HU | 719 (15.7%) |
| Vacant Housing Units | 622 (13.6%) |
| Median Home Value | $122,723 |
| Average Home Value | $169,704 |
Housing Distribution
Address Breakdown
Residential
4,107
Single Family
3,999
Multi-Family
108
Businesses
344
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Listed by: Ashley Bates • Monk and Company
Mls Name: MLS United
Mls ID: #4115478
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.