60005 Cedar StSmithvilleMS38870
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 Smithville at 60005 Cedar St, Smithville, MS, 38870 earns $303/mo cash flow from $1,435/mo rent with a $905/mo payment. Total monthly income totals $1,435/mo, and annual cash flow totals $3,641/yr on $61,328 capital. ROI tracks 25.85% on current figures, and rental yield reads 9.31% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 134.63% and total cumulative return in cash sums $82,563. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,435/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38870, Smithville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,356 (100%) |
| Owner Occupied HU | 851 (62.8%) |
| Renter Occupied HU | 132 ( 9.7%) |
| Vacant Housing Units | 373 (27.5%) |
| Median Home Value | $144,750 |
| Average Home Value | $175,852 |
Housing Distribution
Address Breakdown
Residential
1,231
Single Family
1,231
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ethan Park • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-3637
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.