








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Horn Lake at 4408 Carroll Dr, Horn Lake, MS, 38637 offers a 8.2% rental yield on a $264,900 purchase with $1,810/mo rent. Total monthly income registers $1,810/mo, and a $1,297/mo payment leaves $189/mo available for distribution. Annual cash flow reaches $2,262/yr on $87,814 to close, and return on cash invested stands at 22.48% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 116.59% and total cumulative return in cash at $102,380. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,810/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38637, Horn Lake, MS area.
| 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 |
Residential
10,426
Single Family
8,887
Multi-Family
1,539
Businesses
561
Date | Event | Price |
|---|---|---|
| 2025-07-02 | Listed for sale | $264,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: George Roser • My Home Realty
Mls Name: MLS United
Mls ID: #4118074
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.