410 Cole RdMendenhallMS39114
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Nearby investment properties with comparable prices
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 Mendenhall at 410 Cole Rd, Mendenhall, MS, 39114 offers a 3.71% rental yield on a $1,300,000 purchase with $4,014/mo rent. 14% in year one. Equity gained on principal adds $8,389/yr while 5% annual appreciation supports $359,166 over five years. Portfolio math shows five-year ROI at 44.9% and total cumulative return in cash at $189,135. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,014/mo property income against a $6,363/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39114, Mendenhall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,567 (100%) |
| Owner Occupied HU | 3,226 (70.6%) |
| Renter Occupied HU | 719 (15.7%) |
| Vacant Housing Units | 622 (13.6%) |
| Median Home Value | $122,723 |
| Average Home Value | $169,704 |
Housing Distribution
Address Breakdown
Residential
4,107
Single Family
3,999
Multi-Family
108
Businesses
344
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Listed by: Sarah Miller • Keller Williams
Mls Name: MLS United
Mls ID: #4097625
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.