121 Dogwood DrCarriereMS39426
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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
Rental property for sale in Carriere at 121 Dogwood Dr, Carriere, MS, 39426 priced at $255,000 converts $1,764/mo rent into $204/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,764/mo, and annual cash flow totals $2,443/yr on $84,533 invested. Return on cash invested prints 22.8% in year one, and rental yield reads 8.3% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 118.27% and total cumulative return in cash sums $99,980. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,764/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Manufactured
Built in 2020
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39426, Carriere, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,920 (100%) |
| Owner Occupied HU | 6,195 (78.2%) |
| Renter Occupied HU | 854 (10.8%) |
| Vacant Housing Units | 871 (11.0%) |
| Median Home Value | $229,215 |
| Average Home Value | $248,083 |
Housing Distribution
Address Breakdown
Residential
7,391
Single Family
7,391
Multi-Family
0
Businesses
182
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Listed by: Darlene W Burge • Boley Creek Properties LLC
Mls Name: Pearl River County BOR
Mls ID: #182661
Disclaimer: Copyright Pearl River County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.