








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Winona at 409 Fairground St, Winona, MS, 38967 uses $49,725 cash to close to unlock $4,347/yr annual cash flow and $362/mo monthly cash flow. Total monthly income runs $1,280/mo, and a $734/mo payment keeps the spread at $362/mo. Purchase price stands at $150,000, and rental yield measures 10.24% with $1,280/mo rent. Return on cash invested shows 28.65% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 149.71% and total cumulative return in cash records $74,442. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,280/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38967, Winona, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,370 (100%) |
| Owner Occupied HU | 2,023 (60.0%) |
| Renter Occupied HU | 798 (23.7%) |
| Vacant Housing Units | 549 (16.3%) |
| Median Home Value | $125,278 |
| Average Home Value | $158,736 |
Residential
2,807
Single Family
2,807
Multi-Family
0
Businesses
362
Date | Event | Price |
|---|---|---|
| 2025-01-07 | Listed for sale | $150,000 |
| 2020-07-09 | Listing removed | $75,000 |
| 2020-01-15 | Listed for sale | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-28 | $880.41 | 14.62% | $6,447 | 17.07% |
| 2022-01-28 | $768.10 | 54.93% | $5,507 | N/A |
| 2021-01-28 | $495.78 | 10.23% | $5,507 | 5.22% |



Listed by: Laura Wood • Cravens Properties, LLC
Mls Name: My State MLS
Mls ID: #11403576