4818 37th AveMeridianMS39305
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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 Meridian at 4818 37th Ave, Meridian, MS, 39305 generates $1,320/mo in rent and, after a $827/mo payment, leaves $286/mo in cash flow. Total monthly income is $1,320/mo, and annual cash flow is $3,433/yr on $55,990 invested. Return on cash invested sits at 26.04% in year one, and rental yield is 9.38% on a $168,900 entry. Equity gained on principal adds $1,090/yr, while 5% annual appreciation builds toward $46,664 over five years. Five-year ROI reaches 135.73% and total cumulative return in cash sums $75,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
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: Lisa Hickman • Landmark Realty
Mls Name: East Mississippi REALTORS
Mls ID: #26-15