108 Afton DrCorinthMS38834
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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
Investment property for sale in Corinth at 108 Afton Dr, Corinth, MS, 38834 with 5% annual appreciation on a $415,000 basis while $3,708/mo rent supports operations. Total monthly income totals $3,708/mo and a $2,031/mo payment preserves $1,135/mo for cash returns. Annual cash flow comes to $13,623/yr on $137,573 deployed, and return on cash invested reaches 29.81% in year one. Equity gained on principal adds $2,678/yr, and five-year appreciation sums $114,657 alongside rental yield of 10.72%. Five-year ROI measures 155.98% and total cumulative return in cash totals $214,581.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,708/mo property income versus a $2,031/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.70 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38834, Corinth, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,009 (100%) |
| Owner Occupied HU | 7,802 (60.0%) |
| Renter Occupied HU | 3,798 (29.2%) |
| Vacant Housing Units | 1,409 (10.8%) |
| Median Home Value | $146,073 |
| Average Home Value | $191,454 |
Housing Distribution
Address Breakdown
Residential
12,318
Single Family
11,847
Multi-Family
471
Businesses
1,158
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Listed by: Diante Curlee • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1005
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.