820 Avenue Of Pines StGrenadaMS38901
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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 Grenada at 820 Avenue Of Pines St, Grenada, MS, 38901 priced at $259,000 pairs $2,039/mo rent with $386/mo cash flow after a $1,268/mo payment. Total monthly income equals $2,039/mo, and annual cash flow comes to $4,634/yr on $85,859 invested. Return on cash invested is 25.31% in year one, and rental yield stands at 9.45% on a $259,000 basis. Equity gained on principal adds $1,671/yr, and 5% annual appreciation accumulates to $71,557 by year five. Five-year ROI measures 132.08% and total cumulative return in cash reaches $113,404. For financing, Ziffy Mortgage’s DSCR program evaluates $2,039/mo property income against a $1,268/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38901, Grenada, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,389 (100%) |
| Owner Occupied HU | 4,779 (57.0%) |
| Renter Occupied HU | 2,606 (31.1%) |
| Vacant Housing Units | 1,004 (12.0%) |
| Median Home Value | $144,519 |
| Average Home Value | $191,613 |
Housing Distribution
Address Breakdown
Residential
8,040
Single Family
7,452
Multi-Family
588
Businesses
808
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Listed by: Robin Lea • Gold Key Realty LLC
Mls Name: MLS United
Mls ID: #4101687
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.