206 Glenwood 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 206 Glenwood Dr, Carriere, MS, 39426 uses $62,952 cash to close to unlock $6,940/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $1,740/mo, and a $929/mo payment keeps the spread at $578/mo. Purchase price stands at $189,900, and rental yield measures 11% with $1,740/mo rent. Return on cash invested shows 30.93% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 161.92% and total cumulative return in cash records $101,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,740/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.33 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: Antha Mitchell • RE/MAX Premier Group
Mls Name: Pearl River County BOR
Mls ID: #184218