102 North StLexingtonMS39095
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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 Lexington at 102 North St, Lexington, MS, 39095 uses $56,355 cash to close to unlock $2,145/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,219/mo, and a $832/mo payment keeps the spread at $179/mo. Purchase price stands at $170,000, and rental yield measures 8.6% with $1,219/mo rent. Return on cash invested shows 23.72% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 123.2% and total cumulative return in cash records $69,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,219/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1930
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39095, Lexington, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,863 (100%) |
| Owner Occupied HU | 1,881 (65.7%) |
| Renter Occupied HU | 629 (22.0%) |
| Vacant Housing Units | 353 (12.3%) |
| Median Home Value | $105,704 |
| Average Home Value | $141,397 |
Housing Distribution
Address Breakdown
Residential
2,664
Single Family
2,513
Multi-Family
151
Businesses
275
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Listed by: Shani Dean • The Agency Haus LLC DBA Agency
Mls Name: MLS United
Mls ID: #4089694
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.