2445 Highway 16 ECarthageMS39051
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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 Carthage at 2445 Highway 16 E, Carthage, MS, 39051 listed at $109,900 pairs $873/mo rent with a $538/mo payment to leave $200/mo cash flow. Total monthly income runs $873/mo, and annual cash flow reaches $2,404/yr on $36,432 cash to close. Return on cash invested measures 26.51% in year one, and rental yield registers 9.53% at a $109,900 basis. Equity gained on principal adds $709/yr, and annual property appreciation at 5% supports $30,363 by year five. Five-year ROI tracks 138.25% and total cumulative return in cash totals $50,368. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $873/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
2 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 |
Housing Distribution
Address Breakdown
Residential
6,399
Single Family
6,176
Multi-Family
223
Businesses
564
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Listed by: Lila Robin • Robin Realty LLC
Mls Name: MLS United
Mls ID: #4126025