407 Cold Water BndHolly SpringsMS38635
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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 Holly Springs at 407 Cold Water Bnd, Holly Springs, MS, 38635 earns $144/mo cash flow from $2,057/mo rent with a $1,530/mo payment. Total monthly income totals $2,057/mo, and annual cash flow totals $1,730/yr on $103,594 capital. ROI tracks 21.58% on current figures, and rental yield reads 7.9% at a $312,500 purchase. Equity gained on principal adds $2,017/yr, and 5% annual appreciation supports $86,338 over five years. Five-year ROI reaches 111.75% and total cumulative return in cash sums $115,764. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,057/mo property income instead of your personal income.
Single Family
Built in 2007
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38635, Holly Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,181 (100%) |
| Owner Occupied HU | 3,704 (59.9%) |
| Renter Occupied HU | 1,301 (21.0%) |
| Vacant Housing Units | 1,176 (19.0%) |
| Median Home Value | $192,125 |
| Average Home Value | $239,081 |
Housing Distribution
Address Breakdown
Residential
6,057
Single Family
5,801
Multi-Family
256
Businesses
509
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Listed by: Shannan McWaters • The Firm Real Estate LLC
Mls Name: MLS United
Mls ID: #4099187
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.