809 S Springlake DrTerryMS39170
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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
Rental property for sale in Terry at 809 S Springlake Dr, Terry, MS, 39170 priced at $289,500 converts $1,513/mo rent into after a $1,417/mo obligation. Total monthly income equals $1,513/mo. Return on cash invested prints 16.67% in year one, and rental yield reads 6.27% against a $289,500 entry. Equity gained on principal adds $1,868/yr, while 5% annual appreciation compiles into $79,984 by year five. Five-year ROI reaches 85.43% and total cumulative return in cash sums $81,987. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,513/mo property income covering a $1,417/mo payment, not borrower’s personal income.
Single Family
Built in 1987
3.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39170, Terry, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,973 (100%) |
| Owner Occupied HU | 3,347 (84.2%) |
| Renter Occupied HU | 329 ( 8.3%) |
| Vacant Housing Units | 297 ( 7.5%) |
| Median Home Value | $287,010 |
| Average Home Value | $295,793 |
Housing Distribution
Address Breakdown
Residential
3,888
Single Family
3,864
Multi-Family
24
Businesses
180
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Listed by: Cammie Breedlove • Keller Williams
Mls Name: MLS United
Mls ID: #4117019