723 Enterprise DrWinonaMS38967
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 Winona at 723 Enterprise Dr, Winona, MS, 38967 priced at $155,000 converts $1,098/mo rent into $149/mo cash flow after a $759/mo obligation. Total monthly income equals $1,098/mo, and annual cash flow totals $1,790/yr on $51,383 invested. Return on cash invested prints 23.39% in year one, and rental yield reads 8.5% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 121.5% and total cumulative return in cash sums $62,428. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,098/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1965
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38967, Winona, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,370 (100%) |
| Owner Occupied HU | 2,023 (60.0%) |
| Renter Occupied HU | 798 (23.7%) |
| Vacant Housing Units | 549 (16.3%) |
| Median Home Value | $125,278 |
| Average Home Value | $158,736 |
Housing Distribution
Address Breakdown
Residential
2,807
Single Family
2,807
Multi-Family
0
Businesses
362
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Nearby investment properties with comparable prices
Listed by: Robin Lea • Gold Key Realty LLC
Mls Name: MLS United
Mls ID: #4088860
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.