706 Levee StRosedaleMS38769
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 Rosedale at 706 Levee St, Rosedale, MS, 38769 priced at $135,000 pairs $1,082/mo rent with $256/mo cash flow after a $661/mo payment. Total monthly income equals $1,082/mo, and annual cash flow comes to $3,067/yr on $44,753 invested. Return on cash invested is 26.76% in year one, and rental yield stands at 9.62% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 139.57% and total cumulative return in cash reaches $62,461. For financing, Ziffy Mortgage’s DSCR program evaluates $1,082/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38769, Rosedale, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 892 (100%) |
| Owner Occupied HU | 424 (47.5%) |
| Renter Occupied HU | 365 (40.9%) |
| Vacant Housing Units | 103 (11.5%) |
| Median Home Value | $102,652 |
| Average Home Value | $102,671 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
207
Multi-Family
120
Businesses
55
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Listed by: Juanita Jackson • Keller Williams Realty - MS
Mls Name: MLS United
Mls ID: #4099439
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.