123 Palmer LnHolly SpringsMS38635
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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 Holly Springs at 123 Palmer Ln, Holly Springs, MS, 38635 listed at $398,900 pairs $2,716/mo rent with a $1,952/mo payment to leave $275/mo cash flow. Total monthly income runs $2,716/mo, and annual cash flow reaches $3,304/yr on $132,235 cash to close. Return on cash invested measures 22.41% in year one, and rental yield registers 8.17% at a $398,900 basis. Equity gained on principal adds $2,574/yr, and annual property appreciation at 5% supports $110,209 by year five. Five-year ROI tracks 116.16% and total cumulative return in cash totals $153,606. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,716/mo property income relative to a $1,952/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38635, Holly Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,181 (100%) |
| Owner Occupied HU | 3,704 (59.9%) |
| Renter Occupied HU | 1,301 (21.0%) |
| Vacant Housing Units | 1,176 (19.0%) |
| Median Home Value | $192,125 |
| Average Home Value | $239,081 |
Housing Distribution
Address Breakdown
Residential
6,057
Single Family
5,801
Multi-Family
256
Businesses
509
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Listed by: Melinda Crosslin • Crye-Leike Of TN Quail Hollo
Mls Name: MLS United
Mls ID: #4134640