1021 Laurel DrFlowoodMS39232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Flowood at 1021 Laurel Dr, Flowood, MS, 39232 offers $2,390/mo rent that, after a $1,175/mo payment, leaves $895/mo cash flow. Total monthly income is $2,390/mo, and annual cash flow is $10,742/yr on $79,560 cash. Return on cash invested measures 33.41% in year one, and rental yield stands at 11.95% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 175.36% and total cumulative return in cash reaches $139,514. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,390/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
9,147 sqft lot
$N/A/sqft
$155 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39232, Flowood, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,484 (100%) |
| Owner Occupied HU | 2,355 (52.5%) |
| Renter Occupied HU | 1,907 (42.5%) |
| Vacant Housing Units | 222 ( 5.0%) |
| Median Home Value | $296,500 |
| Average Home Value | $359,751 |
Housing Distribution
Address Breakdown
Residential
4,364
Single Family
2,565
Multi-Family
1,799
Businesses
1,659
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Nearby investment properties with comparable prices
Listed by: Maggi Craft • Southern Homes Real Estate
Mls Name: MLS United
Mls ID: #4119472
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.