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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Coldwater at 3931 Highway 306, Coldwater, MS, 38618 generates $1,966/mo in rent, after a $1,664/mo payment. Total monthly income is $1,966/mo. Return on cash invested sits at 18.69% in year one, and rental yield is 6.94% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 96.23% and total cumulative return in cash sums $108,462. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,966/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
6.20 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38618, Coldwater, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,095 (100%) |
| Owner Occupied HU | 3,730 (73.2%) |
| Renter Occupied HU | 781 (15.3%) |
| Vacant Housing Units | 584 (11.5%) |
| Median Home Value | $221,245 |
| Average Home Value | $229,432 |
Residential
4,953
Single Family
4,929
Multi-Family
24
Businesses
185
Date | Event | Price |
|---|---|---|
| 2024-12-17 | Price change | $340,000 |
| 2024-12-04 | Price change | $365,000 |
| 2024-11-04 | Price change | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-29 | $325.73 | 0.53% | $9,956 | N/A |
| 2022-01-29 | $324.00 | -3.57% | $9,956 | N/A |
| 2021-01-29 | $336.00 | -76.59% | $9,956 | 4.87% |
Listed by: Shawana Gross-Caldwell • RE/MAX Realty Group
Mls Name: MLS United
Mls ID: #4091904
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
