5374 Highway 98 EMeadvilleMS39653
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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 Meadville at 5374 Highway 98 E, Meadville, MS, 39653 generates $1,006/mo in rent, after a $832/mo payment. Total monthly income is $1,006/mo. Return on cash invested sits at 19.18% in year one, and rental yield is 7.1% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 98.84% and total cumulative return in cash sums $55,701. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,006/mo property income rather than buyer’s personal income.
Manufactured
Built in 2022
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39653, Meadville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,531 (100%) |
| Owner Occupied HU | 932 (60.9%) |
| Renter Occupied HU | 166 (10.8%) |
| Vacant Housing Units | 433 (28.3%) |
| Median Home Value | $108,333 |
| Average Home Value | $157,589 |
Housing Distribution
Address Breakdown
Residential
1,220
Single Family
1,216
Multi-Family
4
Businesses
106
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Listed by: Caleb Armstrong • United Country - Southern States Realty
Mls Name: MLS United
Mls ID: #4120229