Condo Investment Properties in Southaven, MS | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Southaven, MS

Why Invest in Southaven, Mississippi?

Southaven, MS offers strong potential for condo investors seeking steady cash flow near Memphis. Proximity to major employers and suburban growth supports reliable tenant demand. Average rents hold firm around $1,400 monthly with cap rates near 6.5%. Renter occupancy exceeds 40%, bolstered by job growth and affordable entry points. Annual appreciation of 2% provides long-term equity buildup. Low vacancy and migration inflows enhance investment stability.

8.2%
Avg. ROI
7.1%
Rental Yield
6.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1420/mo
Avg. Rent
2.1%
1Y Appreciation

Frequently Asked Questions

Southaven condos offer solid rental yields around 7% due to Memphis commuter demand and job growth. Affordable prices under $300K median provide entry for cash flow investors. Stable appreciation and low vacancies make them reliable.

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