506 Plainview CirRichlandMS39218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Richland at 506 Plainview Cir, Richland, MS, 39218 priced at $169,900 pairs $1,334/mo rent with $294/mo cash flow after a $832/mo payment. Total monthly income equals $1,334/mo, and annual cash flow comes to $3,526/yr on $56,322 invested. Return on cash invested is 26.17% in year one, and rental yield stands at 9.42% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 136.34% and total cumulative return in cash reaches $76,790. For financing, Ziffy Mortgage’s DSCR program evaluates $1,334/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39218, Richland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,787 (64.0%) |
| Renter Occupied HU | 773 (27.7%) |
| Vacant Housing Units | 233 ( 8.3%) |
| Median Home Value | $169,424 |
| Average Home Value | $194,079 |
Housing Distribution
Address Breakdown
Residential
2,965
Single Family
2,261
Multi-Family
704
Businesses
526
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Nearby investment properties with comparable prices
Listed by: Julie McNeely • Julie McNeely Properties
Mls Name: MLS United
Mls ID: #4108183
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.