4262 Carroll Dr WHorn LakeMS38637
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
Investment Highlights
Investment property for sale in Horn Lake at 4262 Carroll Dr W, Horn Lake, MS, 38637 at $251,000 posts ROI 25.67% with $400/mo cash flow from $1,936/mo rent. Total monthly income equals $1,936/mo, and annual cash flow records $4,794/yr on $83,207 to close. Return on cash invested measures 25.67% and rental yield reads 9.26% at the current $251,000. Equity gained on principal adds $1,620/yr, and 5% annual appreciation supports $69,347 by year five. Five-year ROI prints 133.68% and total cumulative return in cash totals $111,228.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,936/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
9,147 sqft 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: mu.rets.maysa • Kaizen Realty
Mls Name: MLS United
Mls ID: #4096731
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.