107 Peninsula DrLelandMS38756
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 Leland at 107 Peninsula Dr, Leland, MS, 38756 priced at $319,000 converts $2,678/mo rent into $726/mo cash flow after a $1,561/mo obligation. Total monthly income equals $2,678/mo, and annual cash flow totals $8,715/yr on $105,749 invested. Return on cash invested prints 28.15% in year one, and rental yield reads 10.07% against a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,134 by year five. Five-year ROI reaches 146.98% and total cumulative return in cash sums $155,425. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,678/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38756, Leland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,818 (100%) |
| Owner Occupied HU | 1,575 (55.9%) |
| Renter Occupied HU | 874 (31.0%) |
| Vacant Housing Units | 369 (13.1%) |
| Median Home Value | $120,052 |
| Average Home Value | $166,156 |
Housing Distribution
Address Breakdown
Residential
2,700
Single Family
2,312
Multi-Family
388
Businesses
269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gaila Oliver • GAILA OLIVER REALTY
Mls Name: Greenville Area BOR
Mls ID: #91130