8301 Concord CvSouthavenMS38671
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
Investment property for sale in Southaven at 8301 Concord Cv, Southaven, MS, 38671 at $193,400 posts ROI 29.36% with $505/mo cash flow from $1,704/mo rent. Total monthly income equals $1,704/mo, and annual cash flow records $6,061/yr on $64,112 to close. Return on cash invested measures 29.36% and rental yield reads 10.57% at the current $193,400. Equity gained on principal adds $1,248/yr, and 5% annual appreciation supports $53,433 by year five. Five-year ROI prints 153.61% and total cumulative return in cash totals $98,484.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,704/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
0.42 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
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Listed by: Brian Hodges • Coldwell Banker Collins-Maury Southaven
Mls Name: MLS United
Mls ID: #4091889
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.