85 Drew Merigold RdMerigoldMS38759
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 Merigold at 85 Drew Merigold Rd, Merigold, MS, 38759 offers $2,480/mo rent that, after a $1,806/mo payment, leaves $222/mo cash flow. Total monthly income is $2,480/mo, and annual cash flow is $2,664/yr on $122,324 cash. Return on cash invested measures 22.09% in year one, and rental yield stands at 8.07% at a $369,000 entry. Equity gained on principal adds $2,381/yr while 5% annual appreciation compounds into $101,948 by year five. Five-year ROI records 114.43% and total cumulative return in cash reaches $139,971. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,480/mo property income versus a $1,806/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
10 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kristi Taylor • Griffith Real Estate, Inc.
Mls Name: Mid Delta Data Sharing Network
Mls ID: #104316