58 Forrest School RdCorinthMS38834
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 Corinth at 58 Forrest School Rd, Corinth, MS, 38834 at $249,900 posts ROI 26.99% with $489/mo cash flow from $2,018/mo rent. Total monthly income equals $2,018/mo, and annual cash flow records $5,866/yr on $82,842 to close. Return on cash invested measures 26.99% and rental yield reads 9.69% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 140.73% and total cumulative return in cash totals $116,582.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,018/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38834, Corinth, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,009 (100%) |
| Owner Occupied HU | 7,802 (60.0%) |
| Renter Occupied HU | 3,798 (29.2%) |
| Vacant Housing Units | 1,409 (10.8%) |
| Median Home Value | $146,073 |
| Average Home Value | $191,454 |
Housing Distribution
Address Breakdown
Residential
12,318
Single Family
11,847
Multi-Family
471
Businesses
1,158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ralph M Harvey Iii • LISTWITHFREEDOM.COM
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-1416
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.