545 Central AveColdwaterMS38618
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
Investment Highlights
Rental property for sale in Coldwater at 545 Central Ave, Coldwater, MS, 38618 priced at $179,500 pairs $1,423/mo rent with $324/mo cash flow after a $879/mo payment. Total monthly income equals $1,423/mo, and annual cash flow comes to $3,889/yr on $59,504 invested. Return on cash invested is 26.45% in year one, and rental yield stands at 9.51% on a $179,500 basis. Equity gained on principal adds $1,158/yr, and 5% annual appreciation accumulates to $49,593 by year five. Five-year ROI measures 137.89% and total cumulative return in cash reaches $82,048. For financing, Ziffy Mortgage’s DSCR program evaluates $1,423/mo property income against a $879/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38618, Coldwater, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,095 (100%) |
| Owner Occupied HU | 3,730 (73.2%) |
| Renter Occupied HU | 781 (15.3%) |
| Vacant Housing Units | 584 (11.5%) |
| Median Home Value | $221,245 |
| Average Home Value | $229,432 |
Housing Distribution
Address Breakdown
Residential
4,953
Single Family
4,929
Multi-Family
24
Businesses
185
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Nearby investment properties with comparable prices
Listed by: Teresa Wallace • Capstone Realty Services
Mls Name: MLS United
Mls ID: #4037926
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.