3401 Highway 1 SGreenvilleMS38701
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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
Investment property for sale in Greenville at 3401 Highway 1 S, Greenville, MS, 38701 offers a 9.34% rental yield on a $100,000 purchase with $778/mo rent. Total monthly income registers $778/mo, and a $489/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $1,998/yr on $33,150 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 135.14% and total cumulative return in cash at $44,800. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $778/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
5.21 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38701, Greenville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,118 (100%) |
| Owner Occupied HU | 5,025 (49.7%) |
| Renter Occupied HU | 3,593 (35.5%) |
| Vacant Housing Units | 1,500 (14.8%) |
| Median Home Value | $124,149 |
| Average Home Value | $181,273 |
Housing Distribution
Address Breakdown
Residential
9,196
Single Family
8,148
Multi-Family
1,048
Businesses
961
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Listed by: Chevy Davis • RIVERSIDE REALTY, LLC
Mls Name: Greenville Area BOR
Mls ID: #89629