504 S Main StGreenvilleMS38701
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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 Greenville at 504 S Main St, Greenville, MS, 38701 generates $1,000/mo in rent and, after a $612/mo payment, leaves $211/mo in cash flow. Total monthly income is $1,000/mo, and annual cash flow is $2,536/yr on $41,438 invested. Return on cash invested sits at 26.03% in year one, and rental yield is 9.6% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 135.92% and total cumulative return in cash sums $56,321. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,000/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
4,047 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38701, Greenville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,118 (100%) |
| Owner Occupied HU | 5,025 (49.7%) |
| Renter Occupied HU | 3,593 (35.5%) |
| Vacant Housing Units | 1,500 (14.8%) |
| Median Home Value | $124,149 |
| Average Home Value | $181,273 |
Housing Distribution
Address Breakdown
Residential
9,196
Single Family
8,148
Multi-Family
1,048
Businesses
961
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Listed by: Chris Tonos • BETSY ALEXANDER REALTY
Mls Name: Greenville Area BOR
Mls ID: #89826
Disclaimer: Copyright Greenville Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.