1709 Droke RdCorinthMS38834
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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 Corinth at 1709 Droke Rd, Corinth, MS, 38834 listed at $204,700 pairs $1,706/mo rent with a $1,002/mo payment to leave $453/mo cash flow. Total monthly income runs $1,706/mo, and annual cash flow reaches $5,439/yr on $67,858 cash to close. Return on cash invested measures 27.92% in year one, and rental yield registers 10% at a $204,700 basis. Equity gained on principal adds $1,321/yr, and annual property appreciation at 5% supports $56,555 by year five. Five-year ROI tracks 145.8% and total cumulative return in cash totals $98,936. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,706/mo property income relative to a $1,002/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38834, Corinth, MS area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,318
Single Family
11,847
Multi-Family
471
Businesses
1,158
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Listed by: N/A • N/A
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Mls ID: #N/A