410 Richardson Rd, Carthage, MS, 39051 | $299/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Carthage at 410 Richardson Rd, Carthage, MS, 39051 listed at $159,000 pairs $1,272/mo rent with a $778/mo payment to leave $299/mo cash flow. Total monthly income runs $1,272/mo, and annual cash flow reaches $3,591/yr on $52,709 cash to close. Return on cash invested measures 26.72% in year one, and rental yield registers 9.6% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 139.38% and total cumulative return in cash totals $73,464. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,272/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1994

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 39051, Carthage, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,665 (100%)
Owner Occupied HU	4,609 (69.2%)
Renter Occupied HU	1,407 (21.1%)
Vacant Housing Units	649 ( 9.7%)
Median Home Value	$130,250
Average Home Value	$152,076