Hatley Detroit Rd #0Greenwood SpringsMS38848
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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 Greenwood Springs at Hatley Detroit Rd #0, Greenwood Springs, MS, 38848 uses $33,150 cash to close to unlock $5,454/yr annual cash flow and $455/mo monthly cash flow. Total monthly income runs $1,066/mo, and a $489/mo payment keeps the spread at $455/mo. Purchase price stands at $100,000, and rental yield measures 12.79% with $1,066/mo rent. Return on cash invested shows 36.36% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 191.03% and total cumulative return in cash records $63,328. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,066/mo property income covering a $489/mo payment rather than investor’s personal income.
Lot
Built in N/A
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38848, Greenwood Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 395 (100%) |
| Owner Occupied HU | 261 (66.1%) |
| Renter Occupied HU | 27 ( 6.8%) |
| Vacant Housing Units | 107 (27.1%) |
| Median Home Value | $119,079 |
| Average Home Value | $143,784 |
Housing Distribution
Address Breakdown
Residential
364
Single Family
364
Multi-Family
0
Businesses
10
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Listed by: Jacob Hanson • MOSSY OAK PROPERTIES BOTTOMLAND REAL ESTATE
Mls Name: Greater Golden Triangle Realtors
Mls ID: #24-115
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.