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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Charleston at 602 Allen St, Charleston, MS, 38921 generates $0/mo in rent, after a $498/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.23% in year one, and rental yield is 0% on a $101,800 entry. Equity gained on principal adds $657/yr, while 5% annual appreciation builds toward $28,125 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38921, Charleston, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,264 (100%) |
| Owner Occupied HU | 1,369 (60.5%) |
| Renter Occupied HU | 582 (25.7%) |
| Vacant Housing Units | 313 (13.8%) |
| Median Home Value | $95,431 |
| Average Home Value | $110,082 |
Residential
1,656
Single Family
1,625
Multi-Family
31
Businesses
170
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Listed for sale | $101,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Andrea Butcher • Realhome Services & Solutions
Mls Name: MLS United
Mls ID: #4119721
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.
