516 Smith RdCarsonMS39427
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
Rental property for sale in Carson at 516 Smith Rd, Carson, MS, 39427 priced at $238,900 pairs $1,204/mo rent with after a $1,169/mo payment. Total monthly income equals $1,204/mo. Return on cash invested is 16% in year one, and rental yield stands at 6.05% on a $238,900 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,004 by year five. Five-year ROI measures 81.86% and total cumulative return in cash reaches $64,829. For financing, Ziffy Mortgage’s DSCR program evaluates $1,204/mo property income against a $1,169/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2009
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39427, Carson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 636 (100%) |
| Owner Occupied HU | 474 (74.5%) |
| Renter Occupied HU | 65 (10.2%) |
| Vacant Housing Units | 97 (15.3%) |
| Median Home Value | $113,462 |
| Average Home Value | $150,359 |
Housing Distribution
Address Breakdown
Residential
588
Single Family
588
Multi-Family
0
Businesses
20
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Listed by: Nikki Ladner • Real Broker, LLC.
Mls Name: MLS United
Mls ID: #4096309
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.