769 Mays RdColdwaterMS38618
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 Coldwater at 769 Mays Rd, Coldwater, MS, 38618 at $205,000 posts ROI 23.83% with $222/mo cash flow from $1,476/mo rent. Total monthly income equals $1,476/mo, and annual cash flow records $2,662/yr on $67,958 to close. Return on cash invested measures 23.83% and rental yield reads 8.64% at the current $205,000. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 by year five. Five-year ROI prints 123.76% and total cumulative return in cash totals $84,102.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,476/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38618, Coldwater, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,095 (100%) |
| Owner Occupied HU | 3,730 (73.2%) |
| Renter Occupied HU | 781 (15.3%) |
| Vacant Housing Units | 584 (11.5%) |
| Median Home Value | $221,245 |
| Average Home Value | $229,432 |
Housing Distribution
Address Breakdown
Residential
4,953
Single Family
4,929
Multi-Family
24
Businesses
185
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Nearby investment properties with comparable prices
Listed by: Stephanie Crosslin • Crosslin Gist Realty, Llc
Mls Name: MLS United
Mls ID: #4135577