244 Massey Cir, Carthage, MS, 39051 | $521/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Carthage at 244 Massey Cir, Carthage, MS, 39051 offers $1,592/mo rent that, after a $857/mo payment, leaves $521/mo cash flow. Total monthly income is $1,592/mo, and annual cash flow is $6,247/yr on $58,012 cash. Return on cash invested measures 30.68% in year one, and rental yield stands at 10.92% at a $174,999 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 160.53% and total cumulative return in cash reaches $93,127. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,592/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1976

0.34 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 39051, Carthage, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,665 (100%)
Owner Occupied HU	4,609 (69.2%)
Renter Occupied HU	1,407 (21.1%)
Vacant Housing Units	649 ( 9.7%)
Median Home Value	$130,250
Average Home Value	$152,076