119 Ashwood LnMendenhallMS39114
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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
Rental property for sale in Mendenhall at 119 Ashwood Ln, Mendenhall, MS, 39114 offers $2,632/mo rent that, after a $1,801/mo payment, leaves $380/mo cash flow. Total monthly income is $2,632/mo, and annual cash flow is $4,562/yr on $121,992 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 8.58% at a $368,000 entry. Equity gained on principal adds $2,375/yr while 5% annual appreciation compounds into $101,672 by year five. Five-year ROI records 122.82% and total cumulative return in cash reaches $149,833. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,632/mo property income versus a $1,801/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
3.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39114, Mendenhall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,567 (100%) |
| Owner Occupied HU | 3,226 (70.6%) |
| Renter Occupied HU | 719 (15.7%) |
| Vacant Housing Units | 622 (13.6%) |
| Median Home Value | $122,723 |
| Average Home Value | $169,704 |
Housing Distribution
Address Breakdown
Residential
4,107
Single Family
3,999
Multi-Family
108
Businesses
344
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Listed by: Hartley Havard • Havard Real Estate Group, LLC
Mls Name: MLS United
Mls ID: #4136433