9508 Highway 98 Hwy EMeadvilleMS39653
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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 9508 Highway 98 Hwy E, Meadville, MS, 39653 generates $0/mo in rent, after a $734/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.24% in year one, and rental yield is 0% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Manufactured
Built in 2010
2.99 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kensey Shaffer • Shaffer Realty, LLC
Mls Name: ROAM MLS
Mls ID: #2025019142