449 Blair DrSouthavenMS38671
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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
Investment property for sale in Southaven at 449 Blair Dr, Southaven, MS, 38671 with 5% annual appreciation on a $180,000 basis while $1,401/mo rent supports operations. Total monthly income totals $1,401/mo and a $881/mo payment preserves $280/mo for cash returns. Annual cash flow comes to $3,354/yr on $59,670 deployed, and return on cash invested reaches 25.53% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,731 alongside rental yield of 9.34%. Five-year ROI measures 133.08% and total cumulative return in cash totals $79,409.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,401/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1993
1,742 sqft lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38671, Southaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,099 (100%) |
| Owner Occupied HU | 9,245 (57.4%) |
| Renter Occupied HU | 5,393 (33.5%) |
| Vacant Housing Units | 1,461 ( 9.1%) |
| Median Home Value | $194,957 |
| Average Home Value | $229,616 |
Housing Distribution
Address Breakdown
Residential
15,934
Single Family
12,375
Multi-Family
3,559
Businesses
1,693
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Listed by: Ricardo Anguiano • Fast Track Realty
Mls Name: MLS United
Mls ID: #4091460
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.