8260 Arkabutla 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
Rental property for sale in Coldwater at 8260 Arkabutla Rd, Coldwater, MS, 38618 offers $1,063/mo rent that, after a $680/mo payment, leaves $213/mo cash flow. Total monthly income is $1,063/mo, and annual cash flow is $2,553/yr on $46,079 cash. Return on cash invested measures 25.45% in year one, and rental yield stands at 9.18% at a $139,000 entry. Equity gained on principal adds $897/yr while 5% annual appreciation compounds into $38,403 by year five. Five-year ROI records 132.5% and total cumulative return in cash reaches $61,052. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,063/mo property income versus a $680/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
0.61 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica R Anderson • Crye-leike Hernando
Mls Name: MLS United
Mls ID: #4093961
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.