1024 Boleware LnCrystal SpringsMS39059
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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 Crystal Springs at 1024 Boleware Ln, Crystal Springs, MS, 39059 offers a 7.43% rental yield on a $249,000 purchase with $1,542/mo rent. Total monthly income registers $1,542/mo, and a $1,219/mo payment leaves $18/mo available for distribution. Annual cash flow reaches $216/yr on $82,544 to close, and return on cash invested stands at 20.17% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 104.14% and total cumulative return in cash at $85,964. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,542/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
2.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39059, Crystal Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,240 (100%) |
| Owner Occupied HU | 3,645 (69.6%) |
| Renter Occupied HU | 1,023 (19.5%) |
| Vacant Housing Units | 572 (10.9%) |
| Median Home Value | $113,603 |
| Average Home Value | $172,632 |
Housing Distribution
Address Breakdown
Residential
4,762
Single Family
4,613
Multi-Family
149
Businesses
347
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Listed by: Stephen Ashley • Posey Land Company LLC
Mls Name: MLS United
Mls ID: #4135454