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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Corinth at 1701 E 3rd St, Corinth, MS, 38834 uses $36,465 cash to close to unlock $2,139/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $851/mo, and a $538/mo payment keeps the spread at $178/mo. Purchase price stands at $110,000, and rental yield measures 9.28% with $851/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 134.36% and total cumulative return in cash records $48,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $851/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38834, Corinth, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,009 (100%) |
| Owner Occupied HU | 7,802 (60.0%) |
| Renter Occupied HU | 3,798 (29.2%) |
| Vacant Housing Units | 1,409 (10.8%) |
| Median Home Value | $146,073 |
| Average Home Value | $191,454 |
Residential
12,318
Single Family
11,847
Multi-Family
471
Businesses
1,158
Date | Event | Price |
|---|---|---|
| 2025-01-20 | Price change | $110,000 |
| 2024-05-21 | Listed for sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-28 | N/A | N/A | $3,815 | N/A |
| 2022-01-28 | N/A | N/A | $3,815 | N/A |
| 2021-01-28 | N/A | N/A | $3,815 | 5.10% |
Listed by: Randy Shadburn • Magnolia Real Estate
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-4315
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.
