796 Rasco Rd WSouthavenMS38671
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 Southaven at 796 Rasco Rd W, Southaven, MS, 38671 generates $1,615/mo in rent and, after a $1,052/mo payment, leaves $300/mo in cash flow. Total monthly income is $1,615/mo, and annual cash flow is $3,596/yr on $71,273 invested. Return on cash invested sits at 24.95% in year one, and rental yield is 9.01% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 129.83% and total cumulative return in cash sums $92,533. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,615/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38671, Southaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,099 (100%) |
| Owner Occupied HU | 9,245 (57.4%) |
| Renter Occupied HU | 5,393 (33.5%) |
| Vacant Housing Units | 1,461 ( 9.1%) |
| Median Home Value | $194,957 |
| Average Home Value | $229,616 |
Housing Distribution
Address Breakdown
Residential
15,934
Single Family
12,375
Multi-Family
3,559
Businesses
1,693
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Swanger • Crye-Leike Of MS-SH
Mls Name: MLS United
Mls ID: #4129426