116 Firefly DrLucedaleMS39452
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 Lucedale at 116 Firefly Dr, Lucedale, MS, 39452 uses $102,943 cash to close to unlock $9,727/yr annual cash flow and $811/mo monthly cash flow. Total monthly income runs $2,711/mo, and a $1,520/mo payment keeps the spread at $811/mo. Purchase price stands at $310,536, and rental yield measures 10.48% with $2,711/mo rent. Return on cash invested shows 29.36% in year one, and 5% annual appreciation builds toward $85,795 over five years. Five-year ROI reaches 153.44% and total cumulative return in cash records $157,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,711/mo property income covering a $1,520/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.49 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: Jodie L Henderson • D R Horton
Mls Name: MLS United
Mls ID: #4066108
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.