43 Meredith RdAlligatorMS38720
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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 Alligator at 43 Meredith Rd, Alligator, MS, 38720 priced at $360,000 pairs $2,141/mo rent with after a $1,762/mo payment. Total monthly income equals $2,141/mo. Return on cash invested is 19.29% in year one, and rental yield stands at 7.14% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 99.39% and total cumulative return in cash reaches $118,617. For financing, Ziffy Mortgage’s DSCR program evaluates $2,141/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
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
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Listed by: Anthony Steen • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4136142