416 Alred RdColdwaterMS38618
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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
Rental property for sale in Coldwater at 416 Alred Rd, Coldwater, MS, 38618 generates $1,409/mo in rent and, after a $1,003/mo payment, leaves $155/mo in cash flow. Total monthly income is $1,409/mo, and annual cash flow is $1,858/yr on $67,958 invested. Return on cash invested sits at 22.64% in year one, and rental yield is 8.25% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 117.4% and total cumulative return in cash sums $79,782. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,409/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38618, Coldwater, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,095 (100%) |
| Owner Occupied HU | 3,730 (73.2%) |
| Renter Occupied HU | 781 (15.3%) |
| Vacant Housing Units | 584 (11.5%) |
| Median Home Value | $221,245 |
| Average Home Value | $229,432 |
Housing Distribution
Address Breakdown
Residential
4,953
Single Family
4,929
Multi-Family
24
Businesses
185
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Listed by: N/A • N/A
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