3300 Greenway DrHorn LakeMS38637
Nearby investment properties with comparable rents
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 Horn Lake at 3300 Greenway Dr, Horn Lake, MS, 38637 at $159,000 posts ROI 25.66% with $253/mo cash flow from $1,256/mo rent. Total monthly income equals $1,256/mo, and annual cash flow records $3,031/yr on $52,709 to close. Return on cash invested measures 25.66% and rental yield reads 9.48% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 133.87% and total cumulative return in cash totals $70,560.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,256/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38637, Horn Lake, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,770 (100%) |
| Owner Occupied HU | 6,439 (59.8%) |
| Renter Occupied HU | 3,658 (34.0%) |
| Vacant Housing Units | 673 ( 6.2%) |
| Median Home Value | $174,352 |
| Average Home Value | $194,142 |
Housing Distribution
Address Breakdown
Residential
10,426
Single Family
8,887
Multi-Family
1,539
Businesses
561
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Nearby investment properties with comparable prices
Listed by: Ricky Lewis • Allstar Management
Mls Name: MLS United
Mls ID: #4093622
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.