8431 Harvey Cut Off RdMeridianMS39305
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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
Investment property for sale in Meridian at 8431 Harvey Cut Off Rd, Meridian, MS, 39305 with 5% annual appreciation on a $230,000 basis while $1,523/mo rent supports operations. Total monthly income totals $1,523/mo and a $1,126/mo payment preserves $53/mo for cash returns. Annual cash flow comes to $638/yr on $76,245 deployed, and return on cash invested reaches 20.75% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 7.95%. Five-year ROI measures 107.65% and total cumulative return in cash totals $82,075.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,523/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1998
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39305, Meridian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,272 (100%) |
| Owner Occupied HU | 5,740 (61.9%) |
| Renter Occupied HU | 2,607 (28.1%) |
| Vacant Housing Units | 925 ( 10.0%) |
| Median Home Value | $200,329 |
| Average Home Value | $300,961 |
Housing Distribution
Address Breakdown
Residential
9,023
Single Family
7,552
Multi-Family
1,471
Businesses
405
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Listed by: Linda Bruister • WINSTEAD REALTY
Mls Name: East Mississippi REALTORS
Mls Provider:
Mls ID: #24-1152
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.