1120 E Lee Blvd UNIT L148StarkvilleMS39759
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 Starkville at 1120 E Lee Blvd UNIT L148, Starkville, MS, 39759 offers a 6.3% rental yield on a $246,000 purchase with $1,292/mo rent. 77% in year one. Equity gained on principal adds $1,587/yr while 5% annual appreciation supports $67,965 over five years. Portfolio math shows five-year ROI at 85.92% and total cumulative return in cash at $70,070. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,292/mo property income against a $1,204/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39759, Starkville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,121 (100%) |
| Owner Occupied HU | 10,557 (42.0%) |
| Renter Occupied HU | 10,225 (40.7%) |
| Vacant Housing Units | 4,339 (17.3%) |
| Median Home Value | $272,701 |
| Average Home Value | $296,396 |
Housing Distribution
Address Breakdown
Residential
23,719
Single Family
18,528
Multi-Family
5,191
Businesses
1,184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tania Garrard • COLDWELL BANKER SRE REALTORS
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1035
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.