1106 C F Ward RdLucedaleMS39452
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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 Lucedale at 1106 C F Ward Rd, Lucedale, MS, 39452 offers $1,642/mo rent that, after a $1,126/mo payment, leaves $234/mo cash flow. Total monthly income is $1,642/mo, and annual cash flow is $2,811/yr on $76,245 cash. Return on cash invested measures 23.6% in year one, and rental yield stands at 8.57% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 122.57% and total cumulative return in cash reaches $93,451. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,642/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
6.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39452, Lucedale, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,978 (100%) |
| Owner Occupied HU | 9,623 (74.1%) |
| Renter Occupied HU | 1,671 (12.9%) |
| Vacant Housing Units | 1,684 (13.0%) |
| Median Home Value | $177,866 |
| Average Home Value | $210,277 |
Housing Distribution
Address Breakdown
Residential
12,199
Single Family
12,162
Multi-Family
37
Businesses
707
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Nearby investment properties with comparable prices
Listed by: Christina Evans • Coldwell Banker Property Pros
Mls Name: MLS United
Mls ID: #4097412
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.