409 Scarlet CvFlowoodMS39232
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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 Flowood at 409 Scarlet Cv, Flowood, MS, 39232 generates $4,354/mo in rent and, after a $2,736/mo payment, leaves $933/mo in cash flow. Total monthly income is $4,354/mo, and annual cash flow is $11,199/yr on $183,911 invested. Return on cash invested sits at 26.15% in year one, and rental yield is 9.35% on a $559,000 entry. Equity gained on principal adds $3,607/yr, while 5% annual appreciation builds toward $154,441 over five years. Five-year ROI reaches 136.19% and total cumulative return in cash sums $250,467. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,354/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
10,454 sqft lot
$N/A/sqft
No 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: Lauren Thornton • Nix-Tann & Associates, Inc.
Mls Name: MLS United
Mls ID: #4119006