1213 Lake Shore DrByramMS39272
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 Byram at 1213 Lake Shore Dr, Byram, MS, 39272 offers a 9.07% rental yield on a $115,000 purchase with $869/mo rent. Total monthly income registers $869/mo, and a $563/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,981/yr on $38,123 to close, and return on cash invested stands at 25.11% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 130.72% and total cumulative return in cash at $49,833. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $869/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39272, Byram, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,957 (100%) |
| Owner Occupied HU | 4,103 (68.9%) |
| Renter Occupied HU | 1,384 (23.2%) |
| Vacant Housing Units | 470 ( 7.9%) |
| Median Home Value | $194,189 |
| Average Home Value | $208,284 |
Housing Distribution
Address Breakdown
Residential
5,744
Single Family
4,860
Multi-Family
884
Businesses
656
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Listed by: James Carson • America's Realty- Universal
Mls Name: MLS United
Mls ID: #4089201