399 Steve St, Senatobia, MS, 38668 | $38/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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399 Steve St, Senatobia, MS, 38668 | $38/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Senatobia at 399 Steve St, Senatobia, MS, 38668 uses $82,444 cash to close to unlock $460/yr annual cash flow and $38/mo monthly cash flow. Total monthly income runs $1,560/mo, and a $1,217/mo payment keeps the spread at $38/mo. Purchase price stands at $248,700, and rental yield measures 7.53% with $1,560/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $68,711 over five years. Five-year ROI reaches 105.79% and total cumulative return in cash records $87,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $1,217/mo payment rather than investor’s personal income.

Single Family

Built in 2018

1.20 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 399 Steve Street Senatobia! I am a very private all electric home with a long concrete driveway. You will enjoy my 1.2-acre yard with lots of shade and several little sitting areas. My owner has taken very good care of me, and I am only 7-year-old. I am dressed in brick and vinyl with gutters, a nice front porch and a small back patio. There is a lot of light inside with great flooring and smooth ceilings. The family room offers a electric fireplace when you don't want to use the central unit. I have three (3) bedrooms and two (2) full bathrooms. The primary bedroom has a big, beautiful window, walk in closet and nice master bathroom offering a separate shower and jetted tub. My kitchen is large and roomy with eat in area for your table. No shortage of cabinets and wonderful tile flooring. Electric range with microwave and dishwasher. The best part is my bay window so you may enjoy the wildlife while having dinner. Wide hallways are the best that lead to laundry room, garage and back door. Check out the pictures but come see me for yourself. I suppose the double garage rounds out all my features except that I am close to town, shopping, churches, schools and I -55. Upp's I almost forgot I have two (2) storage units that want to stay here with me. P.S. Don't lean on the lamp post its not attached or connected it's just for looks and it may fall if it's pushed. Senatobia is a great place to live and play. My real estate friends will be happy to show me off and show you, our town. We are home to Northwest College, Baddour Center, about 30 minutes from Oxford and about 60 minutes from the Memphis airport. Our hospital is very nice as well as the local doctors. Small town atmosphere with a lot of improvements coming soon. I don't want to be alone so bring your family and give me some ''love''.

Neighborhood Data

Neighborhood data shown for ZIP Code: 38668, Senatobia, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,734 (100%)
Owner Occupied HU	3,823 (66.7%)
Renter Occupied HU	1,423 (24.8%)
Vacant Housing Units	488 ( 8.5%)
Median Home Value	$212,924
Average Home Value	$225,574