194 Cold Water BndHolly SpringsMS38635
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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 Holly Springs at 194 Cold Water Bnd, Holly Springs, MS, 38635 earns $36/mo cash flow from $1,933/mo rent with a $1,517/mo payment. Total monthly income totals $1,933/mo, and annual cash flow totals $435/yr on $102,765 capital. ROI tracks 20.33% on current figures, and rental yield reads 7.48% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 105.05% and total cumulative return in cash sums $107,959. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,933/mo property income instead of your personal income.
Single Family
Built in 2007
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38635, Holly Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,181 (100%) |
| Owner Occupied HU | 3,704 (59.9%) |
| Renter Occupied HU | 1,301 (21.0%) |
| Vacant Housing Units | 1,176 (19.0%) |
| Median Home Value | $192,125 |
| Average Home Value | $239,081 |
Housing Distribution
Address Breakdown
Residential
6,057
Single Family
5,801
Multi-Family
256
Businesses
509
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Listed by: Nikki Rowland • Turn Key Realty Group LLC
Mls Name: MLS United
Mls ID: #4094852
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.