Herchel Gallop RdCaledoniaMS39740
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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 Caledonia at Herchel Gallop Rd, Caledonia, MS, 39740 generates $2,487/mo in rent and, after a $1,762/mo payment, leaves $284/mo in cash flow. Total monthly income is $2,487/mo, and annual cash flow is $3,408/yr on $119,337 invested. Return on cash invested sits at 22.76% in year one, and rental yield is 8.29% on a $359,990 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,459 over five years. Five-year ROI reaches 118.1% and total cumulative return in cash sums $140,934. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,487/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39740, Caledonia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,480 (100%) |
| Owner Occupied HU | 1,855 (74.8%) |
| Renter Occupied HU | 382 (15.4%) |
| Vacant Housing Units | 243 ( 9.8%) |
| Median Home Value | $247,557 |
| Average Home Value | $242,942 |
Housing Distribution
Address Breakdown
Residential
2,228
Single Family
2,228
Multi-Family
0
Businesses
81
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Listed by: N/A • N/A
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