1037 Hogan RdHolly SpringsMS38635
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Holly Springs at 1037 Hogan Rd, Holly Springs, MS, 38635 generates $2,651/mo in rent, after a $4,062/mo payment. Total monthly income is $2,651/mo. Return on cash invested sits at 9.39% in year one, and rental yield is 3.83% on a $830,000 entry. Equity gained on principal adds $5,356/yr, while 5% annual appreciation builds toward $229,314 over five years. Five-year ROI reaches 46.32% and total cumulative return in cash sums $126,498. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,651/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
29.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38635, Holly Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,181 (100%) |
| Owner Occupied HU | 3,704 (59.9%) |
| Renter Occupied HU | 1,301 (21.0%) |
| Vacant Housing Units | 1,176 (19.0%) |
| Median Home Value | $192,125 |
| Average Home Value | $239,081 |
Housing Distribution
Address Breakdown
Residential
6,057
Single Family
5,801
Multi-Family
256
Businesses
509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel L Guthrie • McWaters & Associates
Mls Name: MLS United
Mls ID: #4127899