3A Mike Harris RdCarriereMS39426
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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 Carriere at 3A Mike Harris Rd, Carriere, MS, 39426 listed at $219,000 pairs $2,236/mo rent with a $1,072/mo payment to leave $896/mo cash flow. Total monthly income runs $2,236/mo, and annual cash flow reaches $10,749/yr on $72,599 cash to close. Return on cash invested measures 34.71% in year one, and rental yield registers 12.25% at a $219,000 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,506 by year five. Five-year ROI tracks 182.15% and total cumulative return in cash totals $132,237. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,236/mo property income relative to a $1,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
1.08 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
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Listed by: Dawn R Stuit • Best Choice Realty, Inc.
Mls Name: MLS United
Mls ID: #4095780