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Mallard Park

 

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Now Selling

  • Walls, MS 38680
  • Available Now: 1
  • Sales Price: Starting at $339,995
  • Rental Price: $1800+ per month

Overview

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Overview

FIGURES

125 Homes
4+ Bedrooms
2.5+ Baths
9 Floor plan models
1957 – 2226 S.F.
1/4 Acre lots

ABOUT

Mallard Park in Walls, Mississippi invites homebuyers to slow down and experience the joys of country living. With more than 5 unique floor plans available plus lake views and walking trails, this neighborhood offers something for everyone. Whether you seek the perfect great room for entertaining at the holidays, enough square footage to accommodate a growing family, or a quiet flex-space for those work-from-home days, Mallard Park delivers peace, comfort, and style.

FEATURES

  • LVP or Hardwood Flooring in common areas
  • Carpet in most bedrooms
  • Ceramic tile in master bathrooms
  • LVP flooring in bathrooms
  • Eggshell paint
  • Backsplashes on certain models
  • Granite or quartz countertops
  • Cultured marble bathroom countertops
  • 9′ or 10′ ceilings
  • Stainless steel dishwash, microwave, range, and refrigerator
  • Fence will be subdivision specific
  • 2″” wooden blinds”

Plat Map

Mallard Park features 125 homes on 1/4 Acre lots.
Hover over the lots to view property details. 51 7,200 S.F 52 7,200 S.F 53 7,200 S.F 54 7,236 S.F 55 7,588 S.F 56 7,367 S.F 57 9,103 S.F 58 7,534 S.F 59 7,293 S.F 60 7,200 S.F 61 7,200 S.F 62 7,424 S.F 63 5,295 S.F 64 10,343 S.F 65 10,363 S.F 66 10,384 S.F 67 10,522 S.F 68 13,732 S.F 69 1,520 S.F 70 11,317 S.F 71 10,992 S.F 72 10,027 S.F 73 9,994 S.F 74 9,974 S.F 75 10,140 S.F 76 10,202 S.F 77 10,429 S.F 78 10,361 S.F 79 10,791 S.F 80 11,220 S.F 81 11,727 S.F 82 12,752 S.F 83 9,770 S.F 84 5,014 S.F 85 11,219 S.F 86 7,200 S.F 87 7,200 S.F 88 7,200 S.F 89 7,201 S.F 90 7,285 S.F 91 7,629 S.F 92 8,259 S.F 93 9,033 S.F 94 7,609 S.F 95 9,344 S.F 96 8,295 S.F 97 10,495 S.F 98 7,200 S.F 99 9,130 S.F 100 7,946 S.F 101 7,193 S.F 102 7,180 S.F 103 7,175 S.F 104 7,564 S.F 105 12,055 S.F 106 12,451 S.F 107 11,510 S.F 108 11,560 S.F 109 11,219 S.F 110 11,451 S.F 111 11,131 S.F 112 8,010 S.F 113 11,340 S.F 114 10,219 S.F 115 11,194 S.F 116 10,411 S.F 117 7,510 S.F 118 7,202 S.F 119 7,327 S.F 120 7,338 S.F 121 7,200 S.F 122 8,815 S.F 123 11,898 S.F 124 7,816 S.F 125 7,200 S.F 126 7,200 S.F
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Properties

There are 125 total homes in Mallard Park. Currently, there are 1 properties for sale.

Active
$339,995
5495 Kaitlyn Drive East, Walls, MS 38680
Community: Mallard Park Lot: 94
Floor Plan: Blue Jay Front Load Front Elevation: A
bedroom 5 BDS
bathroom 3 BA
Home area 2,200 - 2,300 S.F.

This featured home represents the floor plan. Actual front elevation, color, and finishes may vary. For more information, please contact a sales agent.

VIEW ALL Homes for Sale

Floor Plans

There are 13 available floor plans in Mallard Park, ranging from 1957 – 2226 S.F..
Blue Jay Front Load
Front Elevation A
1666
5 BDS
3 BA
2,200 - 2,300 S.F.
Blue Jay Front Load
Front Elevation B
1666
5 BDS
3 BA
2,200 - 2,300 S.F.
Canary
Front Elevation A
1229
4 BDS
2.5 BA
1,900 - 2,000 S.F.
Canary
Front Elevation B
1229
4 BDS
2.5 BA
1,900 - 2,000 S.F.
Dove Front Load
Front Elevation B
1548
5 BDS
3 BA
2,200 - 2,300 S.F.
Dove Front Load
Front Elevation D
1548
5 BDS
3 BA
2,200 - 2,300 S.F.
Dove Side Load
Front Elevation A
1548
5 BDS
3 BA
2,200 - 2,300 S.F.
Finch
Front Elevation A
1270
4 BDS
2.5 BA
1,900 - 2,000 S.F.
Finch
Front Elevation B
1270
4 BDS
2.5 BA
1,900 - 2,000 S.F.
Maple
Front Elevation A
1128
4 BDS
2.5 BA
1,900 - 2,000 S.F.
Mulberry
Front Elevation A
1182
4 BDS
2.5 BA
1,700 - 1,800 S.F.
Sparrow
Front Elevation A
1214
4 BDS
2.5 BA
2,200 - 2,300 S.F.
Starling
Front Elevation A
1650
3 BDS
2 BA
1,600 - 1,700 S.F.

Location

An up-and-coming town in northern DeSoto County under 10 minutes from the Memphis city limits, Mallard Park offers ample opportunities for dining, recreation, entertainment, and shopping in the nearby city of Southaven (Mississippi’s third largest). This is a family-friendly community with above-average schools and a regional library branch with services for life-long learners. There is an engaged, local government and city staff committed to its citizens.

Investor Calculator

PROPERTY INCOME AND OPERATING EXPENSE DATA
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Enter the Monthly Rent, Annual Property Tax and Annual Insurance Premium amounts here. The tax information is available on most county property tax websites. The insurance information is available from the insurance company. It is important to research whether or not the property is located in a homeowner’s association that carries Homeowner’s Association (HOA) fees. If so, enter the annual amount.
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ACQUISITION AND DEBT SERVICE SUMMARY
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Enter Purchase Price of the property. If you are financing the property, enter the Down Payment percentage here. For most investors, it’s usually a number between 20-30%. For a cash purchase, enter 100%. Next, enter the Closing Costs & Fees. If you are working with a lender, she can give you a good faith estimate for this line item.
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ECONOMIC MODELING ASSUMPTIONS (PER YEAR, FOR 10 YEARS)
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In this section, you need to make some assumptions about the property as indicated to the right. Vacancy Rate: Percentage of Gross Scheduled Income (GSI) or total annual rents possible per year. Maintenance Rate: Percentage of Gross Operating Income (GOI), or the income the property receives after accounting for vacancy. Property Management Rate: Percentage of GOI, the amount of rents actually collected by the property manager. Property Appreciation Rate: Your expectation of how the property value will appreciate. Expense Inflation Rate: The general economic inflation percentage rate. Sales Costs: Costs associated with selling property when it is finally sold, including sales commissions and closing costs. This is a one-time expense.
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INVESTMENT AND DEBT SERVICE CALCULATIONS
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Investment and debt service calculations: Based on the data entered above, the investor’s total cash investment, and the monthly and annual debt service is calculated here.
Property Purchase Price
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DEBT SERVICE SUMMARY
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Investment and debt service calculations: Based on the data entered above, the investor’s total cash investment, and the monthly and annual debt service is calculated here.
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KEY FINANCIAL RATIOS (RETURN ON INVESTMENT)
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Key Financial Ratios are calculated as 10-year averages to the right based on the data entered above. 10-Year Average Cash on Cash ROI – ten year average of cash on cash (CoC) return.Cash-On-Cash ROI + Debt Pay Down – this is the combined return of the debt pay down and the cash on cash return.10-Year Average Capitalization Rate – 10 year average of annual Net Operating Income of the property divided by its purchase price. This is the approximate annual CoC return for an all-cash purchase.10-Year Internal Rate of Return (IRR) – the annual return accounting for the amount invested, cash flow earned through rents, pay down of the mortgage loan, and appreciation realized from the sale of the property. IRR is an overall return on investment metric that accounts for the amount and timing of all cash flows disbursed and received each year.
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Cash-On-Cash ROI + Debt Paydown ROI
Avg 10-Year CoC + Debt Paydown ROI, Excl. Appreciation
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First Year Net Operating Income ÷ Purchase Price
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About the calculations

The calculations and data presented herein are deemed to be accurate, but accuracy is not guaranteed. The projected proforma returns on investment are intended for the purpose of illustrative projections to facilitate analysis and are not guaranteed by Meridian Pacific Properties, Inc. or its affiliates and subsidiaries. The information provided herein is not intended to replace or serve as a substitute for any legal,real estate, tax, or other professional advice, consultation or service. The prospective buyer should consult with a professional in the respective legal, tax, accounting, real estate, or other professional area before making any decisions or entering into any contracts pertaining to the property or properties described herein.

Monthly Rent *

Represents the middle point of an expected rent range. We expect the rent to be within $50 of the estimated rent. Meridian helps to protect the rental income for our investors through our rent warranty program. Please call Meridian Pacific Properties directly for more information.

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