3400 Shadow Oaks PkwyHorn 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
Rental property for sale in Horn Lake at 3400 Shadow Oaks Pkwy, Horn Lake, MS, 38637 offers $1,778/mo rent that, after a $930/mo payment, leaves $615/mo cash flow. Total monthly income is $1,778/mo, and annual cash flow is $7,383/yr on $62,985 cash. Return on cash invested measures 31.63% in year one, and rental yield stands at 11.23% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 165.66% and total cumulative return in cash reaches $104,340. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,778/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.31 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie McCroskey • Kitchens Realty Group
Mls Name: MLS United
Mls ID: #4112281
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.