5305 Overbrook LnMeridianMS39305
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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
Rental property for sale in Meridian at 5305 Overbrook Ln, Meridian, MS, 39305 offers $2,272/mo rent that, after a $2,267/mo payment. Total monthly income is $2,272/mo. Return on cash invested measures 12.41% in year one, and rental yield stands at 5.89% at a $463,200 entry. Equity gained on principal adds $2,989/yr while 5% annual appreciation compounds into $127,974 by year five. Five-year ROI records 63.68% and total cumulative return in cash reaches $97,774. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,272/mo property income versus a $2,267/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39305, Meridian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,272 (100%) |
| Owner Occupied HU | 5,740 (61.9%) |
| Renter Occupied HU | 2,607 (28.1%) |
| Vacant Housing Units | 925 ( 10.0%) |
| Median Home Value | $200,329 |
| Average Home Value | $300,961 |
Housing Distribution
Address Breakdown
Residential
9,023
Single Family
7,552
Multi-Family
1,471
Businesses
405
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Listed by: N/A • N/A
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Mls ID: #N/A