7747 State Boulevard ExtMeridianMS39305
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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 7747 State Boulevard Ext, Meridian, MS, 39305 at $225,500 posts ROI 22.63% with $170/mo cash flow from $1,550/mo rent. Total monthly income equals $1,550/mo, and annual cash flow records $2,037/yr on $74,753 to close. Return on cash invested measures 22.63% and rental yield reads 8.25% at the current $225,500. Equity gained on principal adds $1,455/yr, and 5% annual appreciation supports $62,301 by year five. Five-year ROI prints 117.38% and total cumulative return in cash totals $87,742.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,550/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39305, Meridian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,272 (100%) |
| Owner Occupied HU | 5,740 (61.9%) |
| Renter Occupied HU | 2,607 (28.1%) |
| Vacant Housing Units | 925 ( 10.0%) |
| Median Home Value | $200,329 |
| Average Home Value | $300,961 |
Housing Distribution
Address Breakdown
Residential
9,023
Single Family
7,552
Multi-Family
1,471
Businesses
405
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Listed by: Eric W. Jackson • HILL REAL ESTATE GROUP, LLC
Mls Name: East Mississippi REALTORS
Mls Provider:
Mls ID: #24-1098
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.