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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Corinth at 1205 Pine Rd, Corinth, MS, 38834 uses $115,694 cash to close to unlock $4,086/yr annual cash flow and $340/mo monthly cash flow. Total monthly income runs $2,476/mo, and a $1,708/mo payment keeps the spread at $340/mo. Purchase price stands at $349,000, and rental yield measures 8.51% with $2,476/mo rent. Return on cash invested shows 23.44% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 121.7% and total cumulative return in cash records $140,796. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,476/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38834, Corinth, MS area.
| 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 |
Residential
12,318
Single Family
11,847
Multi-Family
471
Businesses
1,158
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Myra Strom • First Team Real Estate
Mls Name: NMMLS
Mls ID: #25-3748
