153 Caroll RdSaltilloMS38866
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 Saltillo at 153 Caroll Rd, Saltillo, MS, 38866 with 5% annual appreciation on a $475,000 basis while $4,082/mo rent supports operations. Total monthly income totals $4,082/mo and a $2,325/mo payment preserves $1,120/mo for cash returns. Annual cash flow comes to $13,436/yr on $157,463 deployed, and return on cash invested reaches 28.44% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 10.31%. Five-year ROI measures 148.66% and total cumulative return in cash totals $234,091.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,082/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38866, Saltillo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,595 (100%) |
| Owner Occupied HU | 3,981 (71.2%) |
| Renter Occupied HU | 1,062 (19.0%) |
| Vacant Housing Units | 552 ( 9.9%) |
| Median Home Value | $235,167 |
| Average Home Value | $246,466 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,995
Multi-Family
0
Businesses
286
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Will Troxler • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-3175
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.