198 Rayburn RdCarriereMS39426
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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 198 Rayburn Rd, Carriere, MS, 39426 priced at $210,000 converts $1,816/mo rent into $531/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,816/mo, and annual cash flow totals $6,369/yr on $69,615 invested. Return on cash invested prints 29.06% in year one, and rental yield reads 10.38% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 151.82% and total cumulative return in cash sums $105,688. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,816/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Multi Family
Built in 2018
1 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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Nearby investment properties with comparable prices
Listed by: Laney Tate • Valente Real Estate, LLC
Mls Name: MLS United
Mls ID: #4124871