3749 Conductors WayHorn LakeMS38637
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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
Investment property for sale in Horn Lake at 3749 Conductors Way, Horn Lake, MS, 38637 earns $537/mo cash flow from $1,723/mo rent with a $949/mo payment. Total monthly income totals $1,723/mo, and annual cash flow totals $6,439/yr on $64,245 capital. ROI tracks 29.93% on current figures, and rental yield reads 10.67% at a $193,800 purchase. Equity gained on principal adds $1,251/yr, and 5% annual appreciation supports $53,543 over five years. Five-year ROI reaches 156.52% and total cumulative return in cash sums $100,553. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,723/mo property income instead of your personal income.
Condo
Built in 2005
N/A 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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Listed by: Tina L Sandoval • Evernest Too, LLC
Mls Name: MLS United
Mls ID: #4122347