841 McGehee Rd SEMeadvilleMS39653
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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 Meadville at 841 McGehee Rd SE, Meadville, MS, 39653 generates $2,255/mo in rent and, after a $1,615/mo payment, leaves $236/mo in cash flow. Total monthly income is $2,255/mo, and annual cash flow is $2,829/yr on $109,395 invested. Return on cash invested sits at 22.5% in year one, and rental yield is 8.2% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 116.63% and total cumulative return in cash sums $127,583. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,255/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39653, Meadville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,531 (100%) |
| Owner Occupied HU | 932 (60.9%) |
| Renter Occupied HU | 166 (10.8%) |
| Vacant Housing Units | 433 (28.3%) |
| Median Home Value | $108,333 |
| Average Home Value | $157,589 |
Housing Distribution
Address Breakdown
Residential
1,220
Single Family
1,216
Multi-Family
4
Businesses
106
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Listed by: Adrianne Weekley • Berkshire Hathaway HomeServices - Cabin & Creek Real Estate
Mls Name: Southwest Mississippi BOR
Mls ID: #143330
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.