365 McClendon DrRaymondMS39154
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 Raymond at 365 McClendon Dr, Raymond, MS, 39154 priced at $320,000 pairs $2,165/mo rent with $207/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,165/mo, and annual cash flow comes to $2,484/yr on $106,080 invested. Return on cash invested is 22.25% in year one, and rental yield stands at 8.12% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 115.29% and total cumulative return in cash reaches $122,295. For financing, Ziffy Mortgage’s DSCR program evaluates $2,165/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39154, Raymond, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,673 (100%) |
| Owner Occupied HU | 2,877 (78.3%) |
| Renter Occupied HU | 497 (13.5%) |
| Vacant Housing Units | 299 ( 8.1%) |
| Median Home Value | $271,334 |
| Average Home Value | $280,469 |
Housing Distribution
Address Breakdown
Residential
3,229
Single Family
3,013
Multi-Family
216
Businesses
218
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Nearby investment properties with comparable prices
Listed by: Laura F Jackson • Maselle & Associates Inc
Mls Name: MLS United
Mls ID: #4093633
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.