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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lake Cormorant at 7455 301st, Lake Cormorant, MS, 38641 generates $3,513/mo in rent, after a $3,355/mo payment. Total monthly income is $3,513/mo. Return on cash invested sits at 16.43% in year one, and rental yield is 6.15% on a $685,500 entry. Equity gained on principal adds $4,423/yr, while 5% annual appreciation builds toward $189,391 over five years. Five-year ROI reaches 84.08% and total cumulative return in cash sums $189,635. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,513/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38641, Lake Cormorant, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 923 (100%) |
| Owner Occupied HU | 729 (79.0%) |
| Renter Occupied HU | 107 (11.6%) |
| Vacant Housing Units | 87 ( 9.4%) |
| Median Home Value | $326,591 |
| Average Home Value | $311,461 |
Residential
935
Single Family
935
Multi-Family
0
Businesses
29
Date | Event | Price |
|---|---|---|
| 2025-01-09 | Listed for sale | $685,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: David W Gustafson • Capstone Realty Services
Mls Name: MLS United
Mls ID: #4100543
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.
