101 Plantation DrLelandMS38756
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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 Leland at 101 Plantation Dr, Leland, MS, 38756 uses $65,803 cash to close to unlock $6,436/yr annual cash flow and $536/mo monthly cash flow. Total monthly income runs $1,885/mo, and a $972/mo payment keeps the spread at $536/mo. Purchase price stands at $198,500, and rental yield measures 11.4% with $1,885/mo rent. Return on cash invested shows 29.69% in year one, and 5% annual appreciation builds toward $54,842 over five years. Five-year ROI reaches 156.13% and total cumulative return in cash records $102,737. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,885/mo property income covering a $972/mo payment rather than investor’s personal income.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38756, Leland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,818 (100%) |
| Owner Occupied HU | 1,575 (55.9%) |
| Renter Occupied HU | 874 (31.0%) |
| Vacant Housing Units | 369 (13.1%) |
| Median Home Value | $120,052 |
| Average Home Value | $166,156 |
Housing Distribution
Address Breakdown
Residential
2,700
Single Family
2,312
Multi-Family
388
Businesses
269
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Listed by: Misti Lewis • MISTI MAUCELI LEWIS REALTY
Mls Name: Greenville Area BOR
Mls ID: #89890
Disclaimer: Copyright Greenville Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.