3893 Rolling Wagon CvSouthavenMS38671
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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 Southaven at 3893 Rolling Wagon Cv, Southaven, MS, 38671 listed at $245,000 pairs $2,053/mo rent with a $1,199/mo payment to leave $554/mo cash flow. Total monthly income runs $2,053/mo, and annual cash flow reaches $6,647/yr on $81,218 cash to close. Return on cash invested measures 28.09% in year one, and rental yield registers 10.06% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 146.63% and total cumulative return in cash totals $119,088. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,053/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38671, Southaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,099 (100%) |
| Owner Occupied HU | 9,245 (57.4%) |
| Renter Occupied HU | 5,393 (33.5%) |
| Vacant Housing Units | 1,461 ( 9.1%) |
| Median Home Value | $194,957 |
| Average Home Value | $229,616 |
Housing Distribution
Address Breakdown
Residential
15,934
Single Family
12,375
Multi-Family
3,559
Businesses
1,693
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Listed by: Deanna Wardlaw • Keller Williams Realty (BOF)
Mls Name: MLS United
Mls ID: #4135612