2205 Walnut DrCorinthMS38834
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
Investment property for sale in Corinth at 2205 Walnut Dr, Corinth, MS, 38834 offers a 9.29% rental yield on a $189,900 purchase with $1,470/mo rent. Total monthly income registers $1,470/mo, and a $929/mo payment leaves $308/mo available for distribution. Annual cash flow reaches $3,700/yr on $62,952 to close, and return on cash invested stands at 25.79% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 134.32% and total cumulative return in cash at $84,557. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,470/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38834, Corinth, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,009 (100%) |
| Owner Occupied HU | 7,802 (60.0%) |
| Renter Occupied HU | 3,798 (29.2%) |
| Vacant Housing Units | 1,409 (10.8%) |
| Median Home Value | $146,073 |
| Average Home Value | $191,454 |
Housing Distribution
Address Breakdown
Residential
12,318
Single Family
11,847
Multi-Family
471
Businesses
1,158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Prentiss Butler • Bailey Williams Realty
Mls Name: NMMLS
Mls ID: #25-4017