506 Suzanne AveStarkvilleMS39759
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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 Starkville at 506 Suzanne Ave, Starkville, MS, 39759 priced at $385,000 converts $2,479/mo rent into $123/mo cash flow after a $1,884/mo obligation. Total monthly income equals $2,479/mo, and annual cash flow totals $1,480/yr on $127,628 invested. Return on cash invested prints 21.07% in year one, and rental yield reads 7.73% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 109% and total cumulative return in cash sums $139,114. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,479/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 2017
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39759, Starkville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,121 (100%) |
| Owner Occupied HU | 10,557 (42.0%) |
| Renter Occupied HU | 10,225 (40.7%) |
| Vacant Housing Units | 4,339 (17.3%) |
| Median Home Value | $272,701 |
| Average Home Value | $296,396 |
Housing Distribution
Address Breakdown
Residential
23,719
Single Family
18,528
Multi-Family
5,191
Businesses
1,184
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Listed by: Julie Bishop • Crye-Leike
Mls Name: MLS United
Mls ID: #4123805