115 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
Investment property for sale in Lucedale at 115 Mill Ct, Lucedale, MS, 39452 offers a 8.47% rental yield on a $242,900 purchase with $1,714/mo rent. Total monthly income registers $1,714/mo, and a $1,189/mo payment leaves $211/mo available for distribution. Annual cash flow reaches $2,529/yr on $80,521 to close, and return on cash invested stands at 23.05% in year one. Equity gained on principal adds $1,567/yr while 5% annual appreciation supports $67,109 over five years. Portfolio math shows five-year ROI at 119.69% and total cumulative return in cash at $96,373. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,714/mo property income against a $1,189/mo payment rather than investor’s personal income documents like W2s, Salary slips, and 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: #4116246
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.