371 Southwind DrRichlandMS39218
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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
Rental property for sale in Richland at 371 Southwind Dr, Richland, MS, 39218 offers $2,507/mo rent that, after a $1,395/mo payment, leaves $763/mo cash flow. Total monthly income is $2,507/mo, and annual cash flow is $9,154/yr on $94,478 cash. Return on cash invested measures 29.6% in year one, and rental yield stands at 10.56% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 154.72% and total cumulative return in cash reaches $146,178. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,507/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39218, Richland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,787 (64.0%) |
| Renter Occupied HU | 773 (27.7%) |
| Vacant Housing Units | 233 ( 8.3%) |
| Median Home Value | $169,424 |
| Average Home Value | $194,079 |
Housing Distribution
Address Breakdown
Residential
2,965
Single Family
2,261
Multi-Family
704
Businesses
526
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Listed by: Cameron Smith • Betsy Smith Properties
Mls Name: MLS United
Mls ID: #4132120