5278 Forest Bend CvSouthavenMS38672
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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 Southaven at 5278 Forest Bend Cv, Southaven, MS, 38672 priced at $414,700 pairs $3,070/mo rent with $532/mo cash flow after a $2,030/mo payment. Total monthly income equals $3,070/mo, and annual cash flow comes to $6,384/yr on $137,473 invested. Return on cash invested is 24.55% in year one, and rental yield stands at 8.88% on a $414,700 basis. Equity gained on principal adds $2,676/yr, and 5% annual appreciation accumulates to $114,574 by year five. Five-year ROI measures 127.64% and total cumulative return in cash reaches $175,475. For financing, Ziffy Mortgage’s DSCR program evaluates $3,070/mo property income against a $2,030/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38672, Southaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,831 (100%) |
| Owner Occupied HU | 5,849 (85.6%) |
| Renter Occupied HU | 714 (10.5%) |
| Vacant Housing Units | 268 ( 3.9%) |
| Median Home Value | $327,503 |
| Average Home Value | $356,143 |
Housing Distribution
Address Breakdown
Residential
6,719
Single Family
6,703
Multi-Family
16
Businesses
414
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Listed by: Natalie A Beard • Re/Max Experts
Mls Name: MLS United
Mls ID: #4096062
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.