8720 Seals DrMeridianMS39307
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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 Meridian at 8720 Seals Dr, Meridian, MS, 39307 priced at $245,900 converts $1,996/mo rent into $491/mo cash flow after a $1,204/mo obligation. Total monthly income equals $1,996/mo, and annual cash flow totals $5,889/yr on $81,516 invested. Return on cash invested prints 27.13% in year one, and rental yield reads 9.74% against a $245,900 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation compiles into $67,938 by year five. Five-year ROI reaches 141.49% and total cumulative return in cash sums $115,339. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,996/mo property income covering a $1,204/mo payment, not borrower’s personal income.
Single Family
Built in 1989
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39307, Meridian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,027 (100%) |
| Owner Occupied HU | 3,642 (51.8%) |
| Renter Occupied HU | 2,320 (33.0%) |
| Vacant Housing Units | 1,065 (15.2%) |
| Median Home Value | $85,742 |
| Average Home Value | $127,675 |
Housing Distribution
Address Breakdown
Residential
6,621
Single Family
6,262
Multi-Family
359
Businesses
455
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