508 W Lakeshore DrCarriereMS39426
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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 Carriere at 508 W Lakeshore Dr, Carriere, MS, 39426 with 5% annual appreciation on a $299,000 basis while $2,957/mo rent supports operations. Total monthly income totals $2,957/mo and a $1,463/mo payment preserves $1,128/mo for cash returns. Annual cash flow comes to $13,533/yr on $99,119 deployed, and return on cash invested reaches 33.56% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 11.87%. Five-year ROI measures 175.96% and total cumulative return in cash totals $174,406.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,957/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39426, Carriere, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,920 (100%) |
| Owner Occupied HU | 6,195 (78.2%) |
| Renter Occupied HU | 854 (10.8%) |
| Vacant Housing Units | 871 (11.0%) |
| Median Home Value | $229,215 |
| Average Home Value | $248,083 |
Housing Distribution
Address Breakdown
Residential
7,391
Single Family
7,391
Multi-Family
0
Businesses
182
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Listed by: Michelle M Leleux • RE/MAX Premier Group
Mls Name: MLS United
Mls ID: #4135579