6898 Fairview Banner RdGoldenMS38847
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
Rental property for sale in Golden at 6898 Fairview Banner Rd, Golden, MS, 38847 generates $1,232/mo in rent and, after a $734/mo payment, leaves $314/mo in cash flow. Total monthly income is $1,232/mo, and annual cash flow is $3,771/yr on $49,725 invested. Return on cash invested sits at 27.49% in year one, and rental yield is 9.86% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 143.51% and total cumulative return in cash sums $71,358. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,232/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38847, Golden, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,589 (100%) |
| Owner Occupied HU | 1,118 (70.4%) |
| Renter Occupied HU | 195 (12.3%) |
| Vacant Housing Units | 276 (17.4%) |
| Median Home Value | $102,386 |
| Average Home Value | $118,088 |
Housing Distribution
Address Breakdown
Residential
1,497
Single Family
1,497
Multi-Family
0
Businesses
111
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