6833 Allgood RdMeridianMS39301
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 Meridian at 6833 Allgood Rd, Meridian, MS, 39301 listed at $450,000 pairs $3,376/mo rent with a $2,203/mo payment to leave $622/mo cash flow. Total monthly income runs $3,376/mo, and annual cash flow reaches $7,461/yr on $149,175 cash to close. Return on cash invested measures 24.91% in year one, and rental yield registers 9% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 129.56% and total cumulative return in cash totals $193,278. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,376/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39301, Meridian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,092 (100%) |
| Owner Occupied HU | 5,987 (54.0%) |
| Renter Occupied HU | 3,494 (31.5%) |
| Vacant Housing Units | 1,611 (14.5%) |
| Median Home Value | $133,088 |
| Average Home Value | $178,415 |
Housing Distribution
Address Breakdown
Residential
10,675
Single Family
9,305
Multi-Family
1,370
Businesses
1,485
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A