5687 Iroquois DrHorn LakeMS38637
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
Investment property for sale in Horn Lake at 5687 Iroquois Dr, Horn Lake, MS, 38637 at $185,000 posts ROI 32.71% with $654/mo cash flow from $1,786/mo rent. Total monthly income equals $1,786/mo, and annual cash flow records $7,853/yr on $61,328 to close. Return on cash invested measures 32.71% and rental yield reads 11.58% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 171.45% and total cumulative return in cash totals $105,147.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,786/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
10,454 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Hurtado • Keller Williams
Mls Name: MLS United
Mls ID: #4108209
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.