104 Lassere CirLong BeachMS39560
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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
Rental property for sale in Long Beach at 104 Lassere Cir, Long Beach, MS, 39560 priced at $120,000 pairs $905/mo rent with $78/mo cash flow after a $587/mo payment. Total monthly income equals $905/mo, and annual cash flow comes to $930/yr on $39,780 invested. Return on cash invested is 22.25% in year one, and rental yield stands at 9.05% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 116.37% and total cumulative return in cash reaches $46,291. For financing, Ziffy Mortgage’s DSCR program evaluates $905/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39560, Long Beach, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,850 (100%) |
| Owner Occupied HU | 5,588 (63.1%) |
| Renter Occupied HU | 2,627 (29.7%) |
| Vacant Housing Units | 635 ( 7.2%) |
| Median Home Value | $237,250 |
| Average Home Value | $266,108 |
Housing Distribution
Address Breakdown
Residential
8,410
Single Family
7,413
Multi-Family
997
Businesses
576
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Listed by: Brooke E Loescher • Weichert Rltrs-Loescher Prop.
Mls Name: MLS United
Mls ID: #4101745
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.