683 Cedar Hill Rd #BFloraMS39071
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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 Flora at 683 Cedar Hill Rd #B, Flora, MS, 39071 listed at $1,375,000 pairs $1,074/mo rent with a $6,730/mo payment. Total monthly income runs $1,074/mo. Return on cash invested measures -3.44% in year one, and rental yield registers 0.94% at a $1,375,000 basis. Equity gained on principal adds $8,873/yr, and annual property appreciation at 5% supports $379,887 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,074/mo property income relative to a $6,730/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
19.11 Acres lot
$N/A/sqft
$1,500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39071, Flora, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,907 (77.6%) |
| Renter Occupied HU | 424 (17.2%) |
| Vacant Housing Units | 127 ( 5.2%) |
| Median Home Value | $268,137 |
| Average Home Value | $354,929 |
Housing Distribution
Address Breakdown
Residential
2,078
Single Family
1,966
Multi-Family
112
Businesses
212
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Listed by: William Fincher • Lee Hawkins, Realty
Mls Name: MLS United
Mls ID: #4094886
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.