1105 Lamar StClevelandMS38732
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
Investment property for sale in Cleveland at 1105 Lamar St, Cleveland, MS, 38732 with 5% annual appreciation on a $146,800 basis while $1,924/mo rent supports operations. Total monthly income totals $1,924/mo and a $719/mo payment preserves $1,025/mo for cash returns. Annual cash flow comes to $12,302/yr on $48,664 deployed, and return on cash invested reaches 45.19% in year one. Equity gained on principal adds $947/yr, and five-year appreciation sums $40,558 alongside rental yield of 15.73%. Five-year ROI measures 238.4% and total cumulative return in cash totals $116,013.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,924/mo property income versus a $719/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38732, Cleveland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,565 (100%) |
| Owner Occupied HU | 4,014 (53.1%) |
| Renter Occupied HU | 2,663 (35.2%) |
| Vacant Housing Units | 888 (11.7%) |
| Median Home Value | $166,371 |
| Average Home Value | $215,644 |
Housing Distribution
Address Breakdown
Residential
7,183
Single Family
6,479
Multi-Family
704
Businesses
972
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A