1116 Howell Tanner Chapel 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 1116 Howell Tanner Chapel Rd, Lucedale, MS, 39452 generates $2,191/mo in rent and, after a $1,591/mo payment, leaves $202/mo in cash flow. Total monthly income is $2,191/mo, and annual cash flow is $2,422/yr on $107,738 invested. Return on cash invested sits at 22.16% in year one, and rental yield is 8.09% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 114.8% and total cumulative return in cash sums $123,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,191/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
1.64 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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Listed by: Victoria D Morton • Rovira Team Realty, LLC
Mls Name: MLS United
Mls ID: #4092927
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.