43 Meredith RdAlligatorMS38720
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 43 Meredith Rd, Alligator, MS, 38720 in Alligator is a conservative rental investment at $360,000. Rental yield 7.14%. A 1.32 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $99,461; $3,316/yr in principal paydown supplements. Total projected return: $132,387.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.2% |
| Monthly Cash Flow | $(62) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,141 |
| Total Monthly Debt Service | $2,060 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38720, Alligator, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 283 (100%) |
| Owner Occupied HU | 147 (51.9%) |
| Renter Occupied HU | 26 ( 9.2%) |
| Vacant Housing Units | 110 (38.9%) |
| Median Home Value | $60,556 |
| Average Home Value | $84,473 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
2
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
Single Family
Built in 2007
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38720, Alligator, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 283 (100%) |
| Owner Occupied HU | 147 (51.9%) |
| Renter Occupied HU | 26 ( 9.2%) |
| Vacant Housing Units | 110 (38.9%) |
| Median Home Value | $60,556 |
| Average Home Value | $84,473 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Steen • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4136142