346 Lakeside DrCarriereMS39426
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 Carriere at 346 Lakeside Dr, Carriere, MS, 39426 with 5% annual appreciation on a $110,000 basis while $1,340/mo rent supports operations. Total monthly income totals $1,340/mo and a $538/mo payment preserves $667/mo for cash returns. Annual cash flow comes to $8,007/yr on $36,465 deployed, and return on cash invested reaches 41.87% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 14.62%. Five-year ROI measures 220.62% and total cumulative return in cash totals $80,448.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,340/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1974
1.01 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammie Roberts • Core Alliance Realty, Core Alliance Realty, LLC dba
Mls Name: MLS United
Mls ID: #4086562