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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Winona at 514 Speedway Ave, Winona, MS, 38967 priced at $125,000 pairs $980/mo rent with $215/mo cash flow after a $612/mo payment. Total monthly income equals $980/mo, and annual cash flow comes to $2,579/yr on $41,438 invested. Return on cash invested is 26.13% in year one, and rental yield stands at 9.41% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 136.15% and total cumulative return in cash reaches $56,417. For financing, Ziffy Mortgage’s DSCR program evaluates $980/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38967, Winona, MS area.
| 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 |
Residential
2,807
Single Family
2,807
Multi-Family
0
Businesses
362
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Price change | $105,000 |
| 2024-06-19 | Listed for sale | $125,000 |
| 2024-05-28 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | N/A | N/A | $6,968 | N/A |
| 2022-10-14 | N/A | N/A | $6,968 | N/A |
| 2021-10-14 | N/A | N/A | $6,968 | 5.23% |
Listed by: Kyle Cravens • Cravens Properties, LLc
Mls Name: MLS United
Mls ID: #4090222
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
