6169 Berkshire CirSouthavenMS38671
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 Southaven at 6169 Berkshire Cir, Southaven, MS, 38671 with 5% annual appreciation on a $385,000 basis while $3,154/mo rent supports operations. Total monthly income totals $3,154/mo and a $1,884/mo payment preserves $782/mo for cash returns. Annual cash flow comes to $9,380/yr on $127,628 deployed, and return on cash invested reaches 27.26% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 9.83%. Five-year ROI measures 142.22% and total cumulative return in cash totals $181,510.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,154/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
0.38 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38671, Southaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,099 (100%) |
| Owner Occupied HU | 9,245 (57.4%) |
| Renter Occupied HU | 5,393 (33.5%) |
| Vacant Housing Units | 1,461 ( 9.1%) |
| Median Home Value | $194,957 |
| Average Home Value | $229,616 |
Housing Distribution
Address Breakdown
Residential
15,934
Single Family
12,375
Multi-Family
3,559
Businesses
1,693
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel D Ray • RE/MAX Realty Group
Mls Name: MLS United
Mls ID: #4095540
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.