42 N Rayleigh DrSteensMS39766
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 Steens at 42 N Rayleigh Dr, Steens, MS, 39766 priced at $419,900 pairs $3,563/mo rent with $994/mo cash flow after a $2,055/mo payment. Total monthly income equals $3,563/mo, and annual cash flow comes to $11,924/yr on $139,197 invested. Return on cash invested is 28.47% in year one, and rental yield stands at 10.18% on a $419,900 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,011 by year five. Five-year ROI measures 148.69% and total cumulative return in cash reaches $206,976. For financing, Ziffy Mortgage’s DSCR program evaluates $3,563/mo property income against a $2,055/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
1.11 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: Megan Banks Gibson • HOMETOWN REALTY (BOF)
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1224
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.