260 Lakeside 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
Rental property for sale in Carriere at 260 Lakeside Dr, Carriere, MS, 39426 priced at $331,500 converts $2,018/mo rent into after a $1,623/mo obligation. Total monthly income equals $2,018/mo. Return on cash invested prints 19.79% in year one, and rental yield reads 7.3% against a $331,500 entry. Equity gained on principal adds $2,139/yr, while 5% annual appreciation compiles into $91,587 by year five. Five-year ROI reaches 102.1% and total cumulative return in cash sums $112,202. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,018/mo property income covering a $1,623/mo payment, not borrower’s personal income.
Single Family
Built in 1994
1.10 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: Tammie Roberts • Core Alliance Realty, Core Alliance Realty, LLC dba
Mls Name: MLS United
Mls ID: #4124694