5705 20th Street ExtMeridianMS39307
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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
Investment property for sale in Meridian at 5705 20th Street Ext, Meridian, MS, 39307 offers a 12.91% rental yield on a $165,100 purchase with $1,776/mo rent. Total monthly income registers $1,776/mo, and a $808/mo payment leaves $594/mo available for distribution. Annual cash flow reaches $7,130/yr on $54,731 to close, and return on cash invested stands at 32.94% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,614 over five years. Portfolio math shows five-year ROI at 174.04% and total cumulative return in cash at $95,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,776/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39307, Meridian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,027 (100%) |
| Owner Occupied HU | 3,642 (51.8%) |
| Renter Occupied HU | 2,320 (33.0%) |
| Vacant Housing Units | 1,065 (15.2%) |
| Median Home Value | $85,742 |
| Average Home Value | $127,675 |
Housing Distribution
Address Breakdown
Residential
6,621
Single Family
6,262
Multi-Family
359
Businesses
455
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Listed by: N/A • N/A
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