0 Freeny RdCarthageMS39051
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 1.65% gross rental yield, 0 Freeny Rd, Carthage, MS, 39051 in Carthage is priced for capital growth, not immediate cash flow. The $685,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $189,253 by year five, with $5,742/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.29) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $37,408.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.7% | 6.2% |
| Monthly Cash Flow | $(3,252) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $940 |
| Total Monthly Debt Service | $4,086 |
| DSCR Ratio | 0.23x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39051, Carthage, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,665 (100%) |
| Owner Occupied HU | 4,609 (69.2%) |
| Renter Occupied HU | 1,407 (21.1%) |
| Vacant Housing Units | 649 ( 9.7%) |
| Median Home Value | $130,250 |
| Average Home Value | $152,076 |
Housing Distribution
Address Breakdown
Residential
6,399
Single Family
6,176
Multi-Family
223
Businesses
564
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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
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Listed by: Jeff Daughdrill • United Country-Southern States Realty
Mls Name: Southwest Mississippi BOR
Mls ID: #144552
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
