5508 Westminster DrMeridianMS39305
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
Investment property for sale in Meridian at 5508 Westminster Dr, Meridian, MS, 39305 earns $718/mo cash flow from $5,498/mo rent with a $2,858/mo payment. Total monthly income totals $5,498/mo, and annual cash flow totals $8,610/yr on $192,103 capital. ROI tracks 24.54% on current figures, and rental yield reads 11.3% at a $583,900 purchase. Equity gained on principal adds $3,768/yr, and 5% annual appreciation supports $161,321 over five years. Five-year ROI reaches 130.3% and total cumulative return in cash sums $250,317. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,498/mo property income instead of your personal income.
Single Family
Built in 2002
2 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A