7306 George LnHorn 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
Rental property for sale in Horn Lake at 7306 George Ln, Horn Lake, MS, 38637 priced at $255,000 converts $1,739/mo rent into $179/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,739/mo, and annual cash flow totals $2,143/yr on $84,533 invested. Return on cash invested prints 22.44% in year one, and rental yield reads 8.18% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 116.37% and total cumulative return in cash sums $98,372. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,739/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 2007
8,276 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
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Listed by: Jonathan L Bunch • Best Real Estate Company, Llc
Mls Name: MLS United
Mls ID: #4115671
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.