118 Carol AveFultonMS38843
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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 Fulton at 118 Carol Ave, Fulton, MS, 38843 with 5% annual appreciation on a $167,000 basis while $1,504/mo rent supports operations. Total monthly income totals $1,504/mo and a $817/mo payment preserves $482/mo for cash returns. Annual cash flow comes to $5,789/yr on $55,361 deployed, and return on cash invested reaches 30.37% in year one. Equity gained on principal adds $1,078/yr, and five-year appreciation sums $46,139 alongside rental yield of 10.81%. Five-year ROI measures 158.89% and total cumulative return in cash totals $87,963.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,504/mo property income versus a $817/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38843, Fulton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 3,498 (66.0%) |
| Renter Occupied HU | 1,055 (19.9%) |
| Vacant Housing Units | 750 (14.1%) |
| Median Home Value | $140,759 |
| Average Home Value | $244,895 |
Housing Distribution
Address Breakdown
Residential
4,761
Single Family
4,699
Multi-Family
62
Businesses
438
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Listed by: Kim Graham • CENTURY 21 KNOWLES REALTY
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-806
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.