540 Steele RdStarkvilleMS39759
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 540 Steele Rd, Starkville, MS, 39759 in Starkville hard to pass up. The 10.61% gross yield on a $429,000 purchase results in $3,794/mo in rent and $1,169/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.97). Annual cash flow of $14,030, five-year appreciation of $118,525, and $3,951/yr in equity build-up combine for a projected total cumulative return of $237,772.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.2% |
| Monthly Cash Flow | $1,169 | $850 |
City averages based on Starkville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,794 |
| Total Monthly Debt Service | $2,455 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39759, Starkville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,121 (100%) |
| Owner Occupied HU | 10,557 (42.0%) |
| Renter Occupied HU | 10,225 (40.7%) |
| Vacant Housing Units | 4,339 (17.3%) |
| Median Home Value | $272,701 |
| Average Home Value | $296,396 |
Housing Distribution
Address Breakdown
Residential
23,719
Single Family
18,528
Multi-Family
5,191
Businesses
1,184
Nearby investment properties with comparable rents
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
Single Family
Built in 2018
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39759, Starkville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,121 (100%) |
| Owner Occupied HU | 10,557 (42.0%) |
| Renter Occupied HU | 10,225 (40.7%) |
| Vacant Housing Units | 4,339 (17.3%) |
| Median Home Value | $272,701 |
| Average Home Value | $296,396 |
Housing Distribution
Address Breakdown
Residential
23,719
Single Family
18,528
Multi-Family
5,191
Businesses
1,184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LAURA MIMS WILLIAMS • OVERSTREET PROPERTIES, LLC
Mls Name: Greater Golden Triangle Realtors
Mls ID: #26-272