411 Main StCaledoniaMS39740
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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 Caledonia at 411 Main St, Caledonia, MS, 39740 offers a 8.55% rental yield on a $249,000 purchase with $1,774/mo rent. Total monthly income registers $1,774/mo, and a $1,219/mo payment leaves $250/mo available for distribution. Annual cash flow reaches $3,000/yr on $82,544 to close, and return on cash invested stands at 23.54% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 122.23% and total cumulative return in cash at $100,892. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,774/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39740, Caledonia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,480 (100%) |
| Owner Occupied HU | 1,855 (74.8%) |
| Renter Occupied HU | 382 (15.4%) |
| Vacant Housing Units | 243 ( 9.8%) |
| Median Home Value | $247,557 |
| Average Home Value | $242,942 |
Housing Distribution
Address Breakdown
Residential
2,228
Single Family
2,228
Multi-Family
0
Businesses
81
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Listed by: JESSICA GREEN BELL • RE/MAX PARTNERS
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1214