1443 Mars Hill RdCarthageMS39051
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
Investment property for sale in Carthage at 1443 Mars Hill Rd, Carthage, MS, 39051 at $109,900 posts ROI 25.29% with $163/mo cash flow from $836/mo rent. Total monthly income equals $836/mo, and annual cash flow records $1,960/yr on $36,432 to close. Return on cash invested measures 25.29% and rental yield reads 9.13% at the current $109,900. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 by year five. Five-year ROI prints 131.7% and total cumulative return in cash totals $47,980.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $836/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39051, Carthage, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,665 (100%) |
| Owner Occupied HU | 4,609 (69.2%) |
| Renter Occupied HU | 1,407 (21.1%) |
| Vacant Housing Units | 649 ( 9.7%) |
| Median Home Value | $130,250 |
| Average Home Value | $152,076 |
Housing Distribution
Address Breakdown
Residential
6,399
Single Family
6,176
Multi-Family
223
Businesses
564
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua M Rice • Ekey Realty, LLC
Mls Name: MLS United
Mls ID: #4093324
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.