296 Johnson ParkHolly SpringsMS38635
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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 Holly Springs at 296 Johnson Park, Holly Springs, MS, 38635 priced at $219,900 pairs $1,975/mo rent with $630/mo cash flow after a $1,076/mo payment. Total monthly income equals $1,975/mo, and annual cash flow comes to $7,555/yr on $72,897 invested. Return on cash invested is 30.27% in year one, and rental yield stands at 10.78% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 158.35% and total cumulative return in cash reaches $115,432. For financing, Ziffy Mortgage’s DSCR program evaluates $1,975/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38635, Holly Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,181 (100%) |
| Owner Occupied HU | 3,704 (59.9%) |
| Renter Occupied HU | 1,301 (21.0%) |
| Vacant Housing Units | 1,176 (19.0%) |
| Median Home Value | $192,125 |
| Average Home Value | $239,081 |
Housing Distribution
Address Breakdown
Residential
6,057
Single Family
5,801
Multi-Family
256
Businesses
509
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Listed by: Jonathan L Bunch • Best Real Estate Company, Llc
Mls Name: MLS United
Mls ID: #4129237