221 S First Ave, Cleveland, MS 38732

2 bd · 1 ba · 1,300 sqft · built 1950 · Cleveland · SINGLE_FAMILY·source listing ↗

$132,500

rent, three ways

OnePercent model (vv1)$1,946/mo

p10–p90 confidence band

HUD Fair Market Rent · 38732 · 2BR$890/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Bolivar

Flood risk indexRelatively High FEMA NRI

Median household income$44,705

Median area rent$810/mo

Median home value$160,700

the verdict

1.47%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$132,500

1.47% · rent $1,946

Intrinsic value · income approach

$175,885

25% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.