Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lake Cormorant at 8942 Scenic Rdg, Lake Cormorant, MS, 38641 earns $381/mo cash flow from $3,692/mo rent with a $2,648/mo payment. Total monthly income totals $3,692/mo, and annual cash flow totals $4,574/yr on $178,022 capital. ROI tracks 22.63% on current figures, and rental yield reads 8.19% at a $541,100 purchase. Equity gained on principal adds $3,492/yr, and 5% annual appreciation supports $149,496 over five years. Five-year ROI reaches 117.32% and total cumulative return in cash sums $208,859. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,692/mo property income instead of your personal income.
Single Family
Built in 2006
7.82 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 |
|---|---|---|
| 2013-07-19 | Sold | N/A |
| 2010-09-11 | Listing removed | $289,000 |
| 2010-08-14 | Price change | $289,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
