118 Laurelbrook DrSaltilloMS38866
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 Saltillo at 118 Laurelbrook Dr, Saltillo, MS, 38866 offers a 12.01% rental yield on a $171,000 purchase with $1,711/mo rent. Total monthly income registers $1,711/mo, and a $837/mo payment leaves $665/mo available for distribution. Annual cash flow reaches $7,974/yr on $56,687 to close, and return on cash invested stands at 33.98% in year one. Equity gained on principal adds $1,103/yr while 5% annual appreciation supports $47,244 over five years. Portfolio math shows five-year ROI at 178.22% and total cumulative return in cash at $101,027. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,711/mo property income against a $837/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38866, Saltillo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,595 (100%) |
| Owner Occupied HU | 3,981 (71.2%) |
| Renter Occupied HU | 1,062 (19.0%) |
| Vacant Housing Units | 552 ( 9.9%) |
| Median Home Value | $235,167 |
| Average Home Value | $246,466 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,995
Multi-Family
0
Businesses
286
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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