409 Greensboro StWinonaMS38967
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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 Winona at 409 Greensboro St, Winona, MS, 38967 offers a 11.03% rental yield on a $115,000 purchase with $1,057/mo rent. Total monthly income registers $1,057/mo, and a $563/mo payment leaves $353/mo available for distribution. Annual cash flow reaches $4,237/yr on $38,123 to close, and return on cash invested stands at 31.02% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 162.48% and total cumulative return in cash at $61,941. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,057/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1,481 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38967, Winona, MS area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,807
Single Family
2,807
Multi-Family
0
Businesses
362
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Listed by: Perrin Jackson • Landmark Realty
Mls Name: My State MLS
Mls ID: #11343424