5392 Willow Oak DrHorn 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 5392 Willow Oak Dr, Horn Lake, MS, 38637 with 5% annual appreciation on a $291,990 basis while $1,810/mo rent supports operations. 89% in year one. Equity gained on principal adds $1,884/yr, and five-year appreciation sums $80,671 alongside rental yield of 7.44%. Five-year ROI measures 102.78% and total cumulative return in cash totals $99,485. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,810/mo property income versus a $1,429/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
$300 annually 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: Michael D Robertson • D R Horton Inc (Memphis)
Mls Name: MLS United
Mls ID: #4097143
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.