4290 Chelsea CirHorn 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
Investment property for sale in Horn Lake at 4290 Chelsea Cir, Horn Lake, MS, 38637 earns $803/mo cash flow from $3,612/mo rent with a $2,247/mo payment. Total monthly income totals $3,612/mo, and annual cash flow totals $9,633/yr on $152,159 capital. ROI tracks 26.24% on current figures, and rental yield reads 9.44% at a $459,000 purchase. Equity gained on principal adds $2,962/yr, and 5% annual appreciation supports $126,813 over five years. Five-year ROI reaches 136.7% and total cumulative return in cash sums $207,995. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,612/mo property income instead of your personal income.
Single Family
Built in 2000
1.09 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: Kathy M Canizaro • Keller Williams Realty - Getwell
Mls Name: MLS United
Mls ID: #4121749