Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 396 Fonzie Scott Rd, Coldwater, MS, 38618 priced at $595,000 converts $2,687/mo rent into after a $2,912/mo obligation. Total monthly income equals $2,687/mo. Return on cash invested prints 14.21% in year one, and rental yield reads 5.42% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 72.18% and total cumulative return in cash sums $141,302. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,687/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 1999
21.40 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 |
|---|---|---|
| 2024-12-06 | Listed for sale | $595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-29 | $1041.27 | -39.69% | $15,351 | -0.04% |
| 2022-01-29 | $1726.64 | -4.27% | $15,357 | -0.09% |
| 2021-01-29 | $1803.65 | -21.40% | $15,371 | 1.28% |
Listed by: Jane Massie • Crye-leike Hernando
Mls Name: MLS United
Mls ID: #4098355
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
