1170 Spring Lake CvRaymondMS39154
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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 Raymond at 1170 Spring Lake Cv, Raymond, MS, 39154 earns $816/mo cash flow from $3,058/mo rent with a $1,793/mo payment. Total monthly income totals $3,058/mo, and annual cash flow totals $9,794/yr on $121,462 capital. ROI tracks 27.97% on current figures, and rental yield reads 10.02% at a $366,400 purchase. Equity gained on principal adds $2,364/yr, and 5% annual appreciation supports $101,230 over five years. Five-year ROI reaches 146.01% and total cumulative return in cash sums $177,351. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,058/mo property income instead of your personal income.
Single Family
Built in 1995
3.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39154, Raymond, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,673 (100%) |
| Owner Occupied HU | 2,877 (78.3%) |
| Renter Occupied HU | 497 (13.5%) |
| Vacant Housing Units | 299 ( 8.1%) |
| Median Home Value | $271,334 |
| Average Home Value | $280,469 |
Housing Distribution
Address Breakdown
Residential
3,229
Single Family
3,013
Multi-Family
216
Businesses
218
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Listed by: Kathy B Dowdy • NuWay Realty MS
Mls Name: MLS United
Mls ID: #4119095