4138 Old Hillsboro RdForestMS39074
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Forest rental at 4138 Old Hillsboro Rd, Forest, MS, 39074 sits in the solid-income band: 8.88% gross yield, $1,229/mo rent, $213/mo net after the $746/mo debt service, DSCR 1.65. Entry price of $166,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $45,863 and $1,529/yr in principal reduction bring total cumulative return to $76,662.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.2% |
| Monthly Cash Flow | $213 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,229 |
| Total Monthly Debt Service | $950 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2017
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39074, Forest, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,758 (100%) |
| Owner Occupied HU | 3,860 (67.0%) |
| Renter Occupied HU | 1,329 (23.1%) |
| Vacant Housing Units | 569 ( 9.9%) |
| Median Home Value | $112,575 |
| Average Home Value | $158,857 |
Housing Distribution
Address Breakdown
Residential
6,222
Single Family
6,022
Multi-Family
200
Businesses
613
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
Manufactured
Built in 2017
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39074, Forest, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,758 (100%) |
| Owner Occupied HU | 3,860 (67.0%) |
| Renter Occupied HU | 1,329 (23.1%) |
| Vacant Housing Units | 569 ( 9.9%) |
| Median Home Value | $112,575 |
| Average Home Value | $158,857 |
Housing Distribution
Address Breakdown
Residential
6,222
Single Family
6,022
Multi-Family
200
Businesses
613
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS United
Mls ID: #4141651