889 Mallard Lake DrBaldwynMS38824
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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
Investment property for sale in Baldwyn at 889 Mallard Lake Dr, Baldwyn, MS, 38824 uses $127,594 cash to close to unlock $1,302/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $2,464/mo, and a $1,884/mo payment keeps the spread at $109/mo. Purchase price stands at $384,900, and rental yield measures 7.68% with $2,464/mo rent. Return on cash invested shows 20.93% in year one, and 5% annual appreciation builds toward $106,341 over five years. Five-year ROI reaches 108.22% and total cumulative return in cash records $138,087. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,464/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38824, Baldwyn, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,535 (100%) |
| Owner Occupied HU | 2,350 (66.5%) |
| Renter Occupied HU | 755 (21.4%) |
| Vacant Housing Units | 430 (12.2%) |
| Median Home Value | $140,030 |
| Average Home Value | $164,996 |
Housing Distribution
Address Breakdown
Residential
3,470
Single Family
3,403
Multi-Family
67
Businesses
226
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Listed by: CAROL HORNE • TM REALTORS
Mls Name: NMMLS
Mls ID: #25-3226