1120 Wilson RdgLake CormorantMS38641
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
Investment property for sale in Lake Cormorant at 1120 Wilson Rdg, Lake Cormorant, MS, 38641 at $210,000 posts ROI 30.78% with $631/mo cash flow from $1,936/mo rent. Total monthly income equals $1,936/mo, and annual cash flow records $7,569/yr on $69,615 to close. Return on cash invested measures 30.78% and rental yield reads 11.06% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 161.19% and total cumulative return in cash totals $112,216.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,936/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
6,098 sqft lot
$N/A/sqft
$240 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38641, Lake Cormorant, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 923 (100%) |
| Owner Occupied HU | 729 (79.0%) |
| Renter Occupied HU | 107 (11.6%) |
| Vacant Housing Units | 87 ( 9.4%) |
| Median Home Value | $326,591 |
| Average Home Value | $311,461 |
Housing Distribution
Address Breakdown
Residential
935
Single Family
935
Multi-Family
0
Businesses
29
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Nearby investment properties with comparable prices
Listed by: Kellie D Drake • Crye-Leike Of MS-OB
Mls Name: MLS United
Mls ID: #4109890
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.