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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Grenada at 471 Gray Oaks Rd, Grenada, MS, 38901 with 5% annual appreciation on a $176,200 basis while $2,048/mo rent supports operations. Total monthly income totals $2,048/mo and a $862/mo payment preserves $970/mo for cash returns. Annual cash flow comes to $11,642/yr on $58,410 deployed, and return on cash invested reaches 39.84% in year one. Equity gained on principal adds $1,137/yr, and five-year appreciation sums $48,681 alongside rental yield of 13.95%. Five-year ROI measures 209.72% and total cumulative return in cash totals $122,496.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,048/mo property income versus a $862/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38901, Grenada, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,389 (100%) |
| Owner Occupied HU | 4,779 (57.0%) |
| Renter Occupied HU | 2,606 (31.1%) |
| Vacant Housing Units | 1,004 (12.0%) |
| Median Home Value | $144,519 |
| Average Home Value | $191,613 |
Residential
8,040
Single Family
7,452
Multi-Family
588
Businesses
808
Date | Event | Price |
|---|---|---|
| 2024-08-16 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | N/A | N/A | $6,499 | N/A |
| 2023-11-03 | N/A | N/A | $6,499 | N/A |
| 2022-11-03 | N/A | N/A | $6,499 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
