58 King RdCarriereMS39426
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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
Rental property for sale in Carriere at 58 King Rd, Carriere, MS, 39426 generates $3,551/mo in rent and, after a $2,301/mo payment, leaves $640/mo in cash flow. Total monthly income is $3,551/mo, and annual cash flow is $7,679/yr on $155,871 invested. Return on cash invested sits at 24.84% in year one, and rental yield is 9.06% on a $470,200 entry. Equity gained on principal adds $3,034/yr, while 5% annual appreciation builds toward $129,908 over five years. Five-year ROI reaches 129.25% and total cumulative return in cash sums $201,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,551/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
9 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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