211 Hilltop DrCarriereMS39426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 211 Hilltop Dr, Carriere, MS, 39426 priced at $229,000 converts $1,649/mo rent into $247/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,649/mo, and annual cash flow totals $2,970/yr on $75,914 invested. Return on cash invested prints 23.82% in year one, and rental yield reads 8.64% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 123.75% and total cumulative return in cash sums $93,941. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,649/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 2001
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: Whitney Herrmann • Coldwell Banker Alfonso Realty - DH
Mls Name: MLS United
Mls ID: #4135001