117 N 18th AveLaurelMS39440
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 Laurel at 117 N 18th Ave, Laurel, MS, 39440 earns $668/mo cash flow from $1,858/mo rent with a $952/mo payment. Total monthly income totals $1,858/mo, and annual cash flow totals $8,013/yr on $64,477 capital. ROI tracks 32.34% on current figures, and rental yield reads 11.46% at a $194,500 purchase. Equity gained on principal adds $1,255/yr, and 5% annual appreciation supports $53,737 over five years. Five-year ROI reaches 169.4% and total cumulative return in cash sums $109,221. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,858/mo property income instead of your personal income.
Single Family
Built in 1959
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39440, Laurel, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,547 (100%) |
| Owner Occupied HU | 4,317 (50.5%) |
| Renter Occupied HU | 3,173 (37.1%) |
| Vacant Housing Units | 1,057 (12.4%) |
| Median Home Value | $128,459 |
| Average Home Value | $182,011 |
Housing Distribution
Address Breakdown
Residential
7,887
Single Family
7,358
Multi-Family
529
Businesses
1,223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Fendry Vera • B & Co Realty
Mls Name: HSMLS
Mls ID: #144195