202 Brookdale 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
Investment property for sale in Carriere at 202 Brookdale Dr, Carriere, MS, 39426 uses $71,273 cash to close to unlock $3,320/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $1,752/mo, and a $1,052/mo payment keeps the spread at $277/mo. Purchase price stands at $215,000, and rental yield measures 9.78% with $1,752/mo rent. Return on cash invested shows 24.57% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 128.7% and total cumulative return in cash records $91,729. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,752/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.34 Acres lot
$N/A/sqft
$160 monthly 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: Allison Pearson • RE/MAX Select
Mls Name: MLS United
Mls ID: #4095335
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.