4178 Blackstone DrHorn LakeMS38637
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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 Horn Lake at 4178 Blackstone Dr, Horn Lake, MS, 38637 generates $1,898/mo in rent and, after a $1,101/mo payment, leaves $521/mo in cash flow. Total monthly income is $1,898/mo, and annual cash flow is $6,256/yr on $74,588 invested. Return on cash invested sits at 28.3% in year one, and rental yield is 10.12% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 147.75% and total cumulative return in cash sums $110,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,898/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38637, Horn Lake, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,770 (100%) |
| Owner Occupied HU | 6,439 (59.8%) |
| Renter Occupied HU | 3,658 (34.0%) |
| Vacant Housing Units | 673 ( 6.2%) |
| Median Home Value | $174,352 |
| Average Home Value | $194,142 |
Housing Distribution
Address Breakdown
Residential
10,426
Single Family
8,887
Multi-Family
1,539
Businesses
561
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Listed by: Jim Crowley • Kaizen Realty
Mls Name: MLS United
Mls ID: #4124838