501 Bell AveGreenwoodMS38930
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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 Greenwood at 501 Bell Ave, Greenwood, MS, 38930 with 5% annual appreciation on a $143,500 basis while $1,453/mo rent supports operations. Total monthly income totals $1,453/mo and a $702/mo payment preserves $339/mo for cash returns. Annual cash flow comes to $4,063/yr on $47,570 deployed, and return on cash invested reaches 28.45% in year one. Equity gained on principal adds $926/yr, and five-year appreciation sums $39,646 alongside rental yield of 12.15%. Five-year ROI measures 150.74% and total cumulative return in cash totals $71,705.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,453/mo property income versus a $702/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38930, Greenwood, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,411 (100%) |
| Owner Occupied HU | 5,250 (50.4%) |
| Renter Occupied HU | 3,877 (37.2%) |
| Vacant Housing Units | 1,284 (12.3%) |
| Median Home Value | $105,816 |
| Average Home Value | $170,594 |
Housing Distribution
Address Breakdown
Residential
9,617
Single Family
8,740
Multi-Family
877
Businesses
1,138
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Listed by: Tish Goodman • Bowie Realty, Inc.
Mls Name: MLS United
Mls ID: #4062888
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.