4624 Elmwood LnBeldenMS38826
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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 Belden at 4624 Elmwood Ln, Belden, MS, 38826 listed at $465,000 pairs $2,918/mo rent with a $2,276/mo payment to leave $56/mo cash flow. Total monthly income runs $2,918/mo, and annual cash flow reaches $668/yr on $154,148 cash to close. Return on cash invested measures 20.34% in year one, and rental yield registers 7.53% at a $465,000 basis. Equity gained on principal adds $3,001/yr, and annual property appreciation at 5% supports $128,471 by year five. Five-year ROI tracks 105.12% and total cumulative return in cash totals $162,035. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,918/mo property income relative to a $2,276/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.74 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38826, Belden, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,696 (100%) |
| Owner Occupied HU | 1,888 (70.0%) |
| Renter Occupied HU | 506 (18.8%) |
| Vacant Housing Units | 302 (11.2%) |
| Median Home Value | $281,075 |
| Average Home Value | $305,440 |
Housing Distribution
Address Breakdown
Residential
2,437
Single Family
2,437
Multi-Family
0
Businesses
141
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Listed by: Chanda Cossitt • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-2077
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.