951 Timber Lake RdMeridianMS39305
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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
Investment property for sale in Meridian at 951 Timber Lake Rd, Meridian, MS, 39305 listed at $949,000 pairs $2,644/mo rent with a $4,645/mo payment. Total monthly income runs $2,644/mo. Return on cash invested measures 7.9% in year one, and rental yield registers 3.34% at a $949,000 basis. Equity gained on principal adds $6,124/yr, and annual property appreciation at 5% supports $262,191 by year five. Five-year ROI tracks 38.33% and total cumulative return in cash totals $119,664. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,644/mo property income relative to a $4,645/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
32.60 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: Amanda H. Snowden • Snowden & Company Real Estate, LLC
Mls Name: East Mississippi REALTORS
Mls ID: #25-469