111 Mill CtLucedaleMS39452
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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 111 Mill Ct, Lucedale, MS, 39452 priced at $252,900 pairs $1,692/mo rent with $128/mo cash flow after a $1,238/mo payment. Total monthly income equals $1,692/mo, and annual cash flow comes to $1,530/yr on $83,836 invested. Return on cash invested is 21.73% in year one, and rental yield stands at 8.03% on a $252,900 basis. Equity gained on principal adds $1,632/yr, and 5% annual appreciation accumulates to $69,872 by year five. Five-year ROI measures 112.66% and total cumulative return in cash reaches $94,448. For financing, Ziffy Mortgage’s DSCR program evaluates $1,692/mo property income against a $1,238/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.46 Acres lot
$N/A/sqft
$200 annually 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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Listed by: Susan Siemiontkowski • D R Horton
Mls Name: MLS United
Mls ID: #4112689
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.