4 Rabbit CvCorinthMS38834
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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
Rental property for sale in Corinth at 4 Rabbit Cv, Corinth, MS, 38834 priced at $375,000 converts $3,422/mo rent into $1,034/mo cash flow after a $1,835/mo obligation. Total monthly income equals $3,422/mo, and annual cash flow totals $12,403/yr on $124,313 invested. Return on cash invested prints 29.89% in year one, and rental yield reads 10.95% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 156.59% and total cumulative return in cash sums $194,667. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,422/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38834, Corinth, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,009 (100%) |
| Owner Occupied HU | 7,802 (60.0%) |
| Renter Occupied HU | 3,798 (29.2%) |
| Vacant Housing Units | 1,409 (10.8%) |
| Median Home Value | $146,073 |
| Average Home Value | $191,454 |
Housing Distribution
Address Breakdown
Residential
12,318
Single Family
11,847
Multi-Family
471
Businesses
1,158
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Listed by: Justin Johnson • Justin Johnson Realty
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-247
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.