117 E Bay DrLumbertonMS39455
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 Lumberton at 117 E Bay Dr, Lumberton, MS, 39455 earns from $3,946/mo rent with a $4,825/mo payment. Total monthly income totals $3,946/mo. ROI tracks 12.34% on current figures, and rental yield reads 4.8% at a $985,900 purchase. Equity gained on principal adds $6,362/yr, and 5% annual appreciation supports $272,386 over five years. Five-year ROI reaches 62.13% and total cumulative return in cash sums $201,533. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,946/mo property income instead of your personal income.
Single Family
Built in 1997
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39455, Lumberton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 3,189 (70.7%) |
| Renter Occupied HU | 626 (13.9%) |
| Vacant Housing Units | 696 (15.4%) |
| Median Home Value | $152,344 |
| Average Home Value | $195,421 |
Housing Distribution
Address Breakdown
Residential
4,252
Single Family
4,069
Multi-Family
183
Businesses
174
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Nearby investment properties with comparable prices
Listed by: Charles M Dawe • Keller Williams
Mls Name: MLS United
Mls ID: #4114404
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.