5293 Highway 19 Frontage RdMeridianMS39307
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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 Meridian at 5293 Highway 19 Frontage Rd, Meridian, MS, 39307 uses $58,013 cash to close to unlock $3,979/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $1,403/mo, and a $857/mo payment keeps the spread at $332/mo. Purchase price stands at $175,000, and rental yield measures 9.62% with $1,403/mo rent. Return on cash invested shows 26.77% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 139.57% and total cumulative return in cash records $80,971. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,403/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39307, Meridian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,027 (100%) |
| Owner Occupied HU | 3,642 (51.8%) |
| Renter Occupied HU | 2,320 (33.0%) |
| Vacant Housing Units | 1,065 (15.2%) |
| Median Home Value | $85,742 |
| Average Home Value | $127,675 |
Housing Distribution
Address Breakdown
Residential
6,621
Single Family
6,262
Multi-Family
359
Businesses
455
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Listed by: Dustin Simmons • PIGFORD & COREY REALTORS
Mls Name: East Mississippi REALTORS
Mls ID: #25-1001