3698 Steens Vernon RdSteensMS39766
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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 Steens at 3698 Steens Vernon Rd, Steens, MS, 39766 with 5% annual appreciation on a $229,000 basis while $1,808/mo rent supports operations. Total monthly income totals $1,808/mo and a $1,121/mo payment preserves $406/mo for cash returns. Annual cash flow comes to $4,878/yr on $75,914 deployed, and return on cash invested reaches 26.33% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 9.47%. Five-year ROI measures 137.25% and total cumulative return in cash totals $104,189.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,808/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39766, Steens, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,218 (100%) |
| Owner Occupied HU | 891 (73.2%) |
| Renter Occupied HU | 184 (15.1%) |
| Vacant Housing Units | 143 (11.7%) |
| Median Home Value | $195,905 |
| Average Home Value | $189,360 |
Housing Distribution
Address Breakdown
Residential
1,137
Single Family
1,137
Multi-Family
0
Businesses
41
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Listed by: Kimberly Reed • CRYE-LEIKE PROPERTIES UNLIMITED
Mls Name: Greater Golden Triangle Realtors
Mls ID: #24-2509
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.