1403 Greens Creek RdCarsonMS39427
Nearby investment properties with comparable rents
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 Carson at 1403 Greens Creek Rd, Carson, MS, 39427 offers $1,165/mo rent that, after a $656/mo payment, leaves $345/mo cash flow. Total monthly income is $1,165/mo, and annual cash flow is $4,138/yr on $44,421 cash. Return on cash invested measures 29.22% in year one, and rental yield stands at 10.43% at a $134,000 entry. Equity gained on principal adds $865/yr while 5% annual appreciation compounds into $37,022 by year five. Five-year ROI records 152.74% and total cumulative return in cash reaches $67,847. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,165/mo property income versus a $656/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
3.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39427, Carson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 636 (100%) |
| Owner Occupied HU | 474 (74.5%) |
| Renter Occupied HU | 65 (10.2%) |
| Vacant Housing Units | 97 (15.3%) |
| Median Home Value | $113,462 |
| Average Home Value | $150,359 |
Housing Distribution
Address Breakdown
Residential
588
Single Family
588
Multi-Family
0
Businesses
20
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Listed by: Tony Hession • Vines Realty & Land
Mls Name: HSMLS
Mls Provider:
Mls ID: #138245
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.