3531 Forest DrGreenvilleMS38703
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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 3531 Forest Dr, Greenville, MS, 38703 earns $239/mo cash flow from $1,004/mo rent with a $612/mo payment. Total monthly income totals $1,004/mo, and annual cash flow totals $2,867/yr on $41,438 capital. ROI tracks 26.83% on current figures, and rental yield reads 9.64% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 139.86% and total cumulative return in cash sums $57,953. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,004/mo property income instead of your personal income.
Single Family
Built in 1961
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38703, Greenville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,084 (100%) |
| Owner Occupied HU | 3,040 (50.0%) |
| Renter Occupied HU | 2,197 (36.1%) |
| Vacant Housing Units | 847 (13.9%) |
| Median Home Value | $79,823 |
| Average Home Value | $108,830 |
Housing Distribution
Address Breakdown
Residential
5,239
Single Family
4,729
Multi-Family
510
Businesses
386
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Listed by: Debra A Dace • Exit Southern Charm Realty
Mls Name: MLS United
Mls ID: #4098697
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.