6213 Chester CvSouthavenMS38671
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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
Rental property for sale in Southaven at 6213 Chester Cv, Southaven, MS, 38671 offers $2,952/mo rent that, after a $1,517/mo payment, leaves $1,041/mo cash flow. Total monthly income is $2,952/mo, and annual cash flow is $12,491/yr on $102,765 cash. Return on cash invested measures 32.06% in year one, and rental yield stands at 11.43% at a $310,000 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,647 by year five. Five-year ROI records 167.97% and total cumulative return in cash reaches $172,615. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,952/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
N/A lot
$N/A/sqft
$13 monthly 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
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Listed by: N/A • N/A
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Mls ID: #N/A