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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 1207 Highway 2, Corinth, MS, 38834 uses $66,134 cash to close to unlock $6,811/yr annual cash flow and $568/mo monthly cash flow. Total monthly income runs $1,788/mo, and a $976/mo payment keeps the spread at $568/mo. Purchase price stands at $199,500, and rental yield measures 10.75% with $1,788/mo rent. Return on cash invested shows 30.21% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 158% and total cumulative return in cash records $104,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,788/mo property income covering a $976/mo payment rather than investor’s personal income.
Single Family
Built in 1982
1 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 |
|---|---|---|
| 2025-05-14 | Listing removed | $199,900 |
| 2025-05-13 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $632.35 | 0.13% | $8,023 | 0.09% |
| 2023-10-24 | $631.54 | N/A | $8,016 | N/A |
| 2022-10-24 | $631.54 | 0.37% | $8,016 | 0.25% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
