1836 E Lakeshore DrCarriereMS39426
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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
Rental property for sale in Carriere at 1836 E Lakeshore Dr, Carriere, MS, 39426 priced at $365,498 pairs $2,874/mo rent with $637/mo cash flow after a $1,789/mo payment. Total monthly income equals $2,874/mo, and annual cash flow comes to $7,647/yr on $121,163 invested. Return on cash invested is 26.22% in year one, and rental yield stands at 9.44% on a $365,498 basis. Equity gained on principal adds $2,359/yr, and 5% annual appreciation accumulates to $100,980 by year five. Five-year ROI measures 136.62% and total cumulative return in cash reaches $165,536. For financing, Ziffy Mortgage’s DSCR program evaluates $2,874/mo property income against a $1,789/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39426, Carriere, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,920 (100%) |
| Owner Occupied HU | 6,195 (78.2%) |
| Renter Occupied HU | 854 (10.8%) |
| Vacant Housing Units | 871 (11.0%) |
| Median Home Value | $229,215 |
| Average Home Value | $248,083 |
Housing Distribution
Address Breakdown
Residential
7,391
Single Family
7,391
Multi-Family
0
Businesses
182
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Listed by: Ralph M Harvey • Listwithfreedom.Com
Mls Name: MLS United
Mls ID: #4127265