106 Leighton StLouisvilleMS39339
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 Louisville at 106 Leighton St, Louisville, MS, 39339 offers $1,097/mo rent that, after a $685/mo payment, leaves $241/mo cash flow. Total monthly income is $1,097/mo, and annual cash flow is $2,886/yr on $46,410 cash. Return on cash invested measures 26.13% in year one, and rental yield stands at 9.4% at a $140,000 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 136.13% and total cumulative return in cash reaches $63,178. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,097/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39339, Louisville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,346 (66.5%) |
| Renter Occupied HU | 1,431 (21.9%) |
| Vacant Housing Units | 761 (11.6%) |
| Median Home Value | $154,350 |
| Average Home Value | $180,896 |
Housing Distribution
Address Breakdown
Residential
6,262
Single Family
6,147
Multi-Family
115
Businesses
607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stevie Herrington • BRANNON REALTY,LLC
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-437
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.