411 Fernbank RdSteensMS39766
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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 Steens at 411 Fernbank Rd, Steens, MS, 39766 earns $744/mo cash flow from $3,014/mo rent with a $1,816/mo payment. Total monthly income totals $3,014/mo, and annual cash flow totals $8,922/yr on $122,987 capital. ROI tracks 27.16% on current figures, and rental yield reads 9.75% at a $371,000 purchase. Equity gained on principal adds $2,394/yr, and 5% annual appreciation supports $102,500 over five years. Five-year ROI reaches 141.67% and total cumulative return in cash sums $174,235. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,014/mo property income instead of your personal income.
Single Family
Built in 1970
14.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39766, Steens, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,218 (100%) |
| Owner Occupied HU | 891 (73.2%) |
| Renter Occupied HU | 184 (15.1%) |
| Vacant Housing Units | 143 (11.7%) |
| Median Home Value | $195,905 |
| Average Home Value | $189,360 |
Housing Distribution
Address Breakdown
Residential
1,137
Single Family
1,137
Multi-Family
0
Businesses
41
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Listed by: BLAIR MCCLESKEY • COLDWELL BANKER FRADY & ASSOCIATES
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1483