0 Highway 18 LOT 0RaleighMS39153
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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 Raleigh at 0 Highway 18 LOT 0, Raleigh, MS, 39153 uses $38,454 cash to close to unlock $683/yr annual cash flow and $57/mo monthly cash flow. Total monthly income runs $767/mo, and a $568/mo payment keeps the spread at $57/mo. Purchase price stands at $116,000, and rental yield measures 7.93% with $767/mo rent. Return on cash invested shows 21.68% in year one, and 5% annual appreciation builds toward $32,049 over five years. Five-year ROI reaches 112.28% and total cumulative return in cash records $43,175. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $767/mo property income covering a $568/mo payment rather than investor’s personal income.
Lot
Built in N/A
64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39153, Raleigh, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,311 (72.5%) |
| Renter Occupied HU | 189 (10.4%) |
| Vacant Housing Units | 309 (17.1%) |
| Median Home Value | $130,889 |
| Average Home Value | $168,991 |
Housing Distribution
Address Breakdown
Residential
1,251
Single Family
1,207
Multi-Family
44
Businesses
114
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Listed by: Frank Read • Crye-Leike Pine Belt
Mls Name: HSMLS
Mls Provider:
Mls ID: #132245
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.