505 Whitehead DrWinonaMS38967
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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 Winona at 505 Whitehead Dr, Winona, MS, 38967 uses $65,637 cash to close to unlock $4,385/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $1,577/mo, and a $969/mo payment keeps the spread at $365/mo. Purchase price stands at $198,000, and rental yield measures 9.56% with $1,577/mo rent. Return on cash invested shows 26.59% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 138.6% and total cumulative return in cash records $90,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,577/mo property income covering a $969/mo payment rather than investor’s personal income.
Single Family
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38967, Winona, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,370 (100%) |
| Owner Occupied HU | 2,023 (60.0%) |
| Renter Occupied HU | 798 (23.7%) |
| Vacant Housing Units | 549 (16.3%) |
| Median Home Value | $125,278 |
| Average Home Value | $158,736 |
Housing Distribution
Address Breakdown
Residential
2,807
Single Family
2,807
Multi-Family
0
Businesses
362
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Listed by: Kyle Cravens • Cravens Properties, LLC
Mls Name: My State MLS
Mls ID: #11583004