345 Simmons Rd, Lyon, MS, 38645 | $353/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

345 Simmons Rd, Lyon, MS, 38645 | $353/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
2 Bath
2263 sft

844 Stiles St, Clarksdale, MS, 38614

6 Bed
5 Bath
5400 sft

110 Catalpa St, Clarksdale, MS, 38614

4 Bed
3 Bath
1618 sft

618 Catalpa St, Clarksdale, MS, 38614

3 Bed
2 Bath
2044 sft

1025 Ritchie Ave, Clarksdale, MS, 38614

Nearby investment properties with comparable prices

5 Bed
2 Bath
2263 sft

844 Stiles St, Clarksdale, MS, 38614

- Bed
- Bath
- sft

Us Highway 61, Shelby, MS, 38774

3 Bed
2 Bath
2012 sft

1601 College St, Cleveland, MS, 38732

6 Bed
5 Bath
5400 sft

110 Catalpa St, Clarksdale, MS, 38614

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Lyon at 345 Simmons Rd, Lyon, MS, 38645 priced at $185,000 converts $1,485/mo rent into $353/mo cash flow after a $905/mo obligation. Total monthly income equals $1,485/mo, and annual cash flow totals $4,241/yr on $61,328 invested. Return on cash invested prints 26.82% in year one, and rental yield reads 9.63% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 139.87% and total cumulative return in cash sums $85,779. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,485/mo property income covering a $905/mo payment, not borrower’s personal income.

Single Family

Built in 1953

5.30 Acres lot

$N/A/sqft

No HOA

More details about the property

A rare chance to live in the country but still be less than 2 miles to town. This ranch style home has a beautiful location that has views of cotton fields,a pecan grove on property and a short ride to the highway. This home has close to 4000 sq feet with large rooms and double fireplace for living room and dining room. The roof is 6 years old and has a warranty. There are 2 HVAC systems and 2 hot water heaters in this spacious home. The floor plan of this home lends itself to opportunity for apartment type living for a family member. Home is being offered ''as is''. Schedule appointment to view and must be prequalified.