56 Kroeker RdMoorheadMS38761
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 Moorhead at 56 Kroeker Rd, Moorhead, MS, 38761 offers $2,252/mo rent that, after a $1,224/mo payment, leaves $722/mo cash flow. Total monthly income is $2,252/mo, and annual cash flow is $8,661/yr on $82,875 cash. Return on cash invested measures 30.36% in year one, and rental yield stands at 10.81% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 158.8% and total cumulative return in cash reaches $131,602. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,252/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38761, Moorhead, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 789 (100%) |
| Owner Occupied HU | 423 (53.6%) |
| Renter Occupied HU | 290 (36.8%) |
| Vacant Housing Units | 76 ( 9.6%) |
| Median Home Value | $87,581 |
| Average Home Value | $126,661 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
318
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LELAND SELBY • SWAPA LAND, LLC
Mls Name: Greater Golden Triangle Realtors
Mls ID: #26-135