418 Riverbend DrByramMS39272
Nearby investment properties with comparable rents
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
Rental property for sale in Byram at 418 Riverbend Dr, Byram, MS, 39272 priced at $209,900 converts $1,468/mo rent into $184/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,468/mo, and annual cash flow totals $2,207/yr on $69,582 invested. Return on cash invested prints 23.08% in year one, and rental yield reads 8.39% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 119.77% and total cumulative return in cash sums $83,336. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,468/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39272, Byram, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,957 (100%) |
| Owner Occupied HU | 4,103 (68.9%) |
| Renter Occupied HU | 1,384 (23.2%) |
| Vacant Housing Units | 470 ( 7.9%) |
| Median Home Value | $194,189 |
| Average Home Value | $208,284 |
Housing Distribution
Address Breakdown
Residential
5,744
Single Family
4,860
Multi-Family
884
Businesses
656
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Nearby investment properties with comparable prices
Listed by: Denetra Strode • The Agency Haus LLC DBA Agency
Mls Name: MLS United
Mls ID: #4059837
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.