464 Grand Oak DrMeridianMS39305
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
Investment property for sale in Meridian at 464 Grand Oak Dr, Meridian, MS, 39305 at $359,000 posts ROI 37.24% with $1,719/mo cash flow from $3,916/mo rent. Total monthly income equals $3,916/mo, and annual cash flow records $20,631/yr on $119,009 to close. Return on cash invested measures 37.24% and rental yield reads 13.09% at the current $359,000. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 by year five. Five-year ROI prints 195.74% and total cumulative return in cash totals $232,951.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,916/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39305, Meridian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,272 (100%) |
| Owner Occupied HU | 5,740 (61.9%) |
| Renter Occupied HU | 2,607 (28.1%) |
| Vacant Housing Units | 925 ( 10.0%) |
| Median Home Value | $200,329 |
| Average Home Value | $300,961 |
Housing Distribution
Address Breakdown
Residential
9,023
Single Family
7,552
Multi-Family
1,471
Businesses
405
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Listed by: Brenda Easterwood • WINSTEAD REALTY
Mls Name: East Mississippi REALTORS
Mls ID: #25-644