405 Hemlock DrFlowoodMS39232
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 Flowood at 405 Hemlock Dr, Flowood, MS, 39232 earns $628/mo cash flow from $2,442/mo rent with a $1,432/mo payment. Total monthly income totals $2,442/mo, and annual cash flow totals $7,530/yr on $96,964 capital. ROI tracks 27.68% on current figures, and rental yield reads 10.02% at a $292,500 purchase. Equity gained on principal adds $1,887/yr, and 5% annual appreciation supports $80,812 over five years. Five-year ROI reaches 144.51% and total cumulative return in cash sums $140,121. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,442/mo property income instead of your personal income.
Single Family
Built in 1993
0.50 Acres lot
$N/A/sqft
$145 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39232, Flowood, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,484 (100%) |
| Owner Occupied HU | 2,355 (52.5%) |
| Renter Occupied HU | 1,907 (42.5%) |
| Vacant Housing Units | 222 ( 5.0%) |
| Median Home Value | $296,500 |
| Average Home Value | $359,751 |
Housing Distribution
Address Breakdown
Residential
4,364
Single Family
2,565
Multi-Family
1,799
Businesses
1,659
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Listed by: Kim Griffin • Harper Homes Real Estate LLC
Mls Name: MLS United
Mls ID: #4096182
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.