29 Fred Strain Rd, Carriere, MS, 39426 | $98/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

Investment property for sale in Carriere at 29 Fred Strain Rd, Carriere, MS, 39426 offers a 8.1% rental yield on a $227,500 purchase with $1,535/mo rent. Total monthly income registers $1,535/mo, and a $1,114/mo payment leaves $98/mo available for distribution. Annual cash flow reaches $1,171/yr on $75,416 to close, and return on cash invested stands at 21.46% in year one. Equity gained on principal adds $1,468/yr while 5% annual appreciation supports $62,854 over five years. Portfolio math shows five-year ROI at 111.35% and total cumulative return in cash at $83,978. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,535/mo property income against a $1,114/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2015

1.82 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