1230 Weeks RdLucedaleMS39452
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
Rental property for sale in Lucedale at 1230 Weeks Rd, Lucedale, MS, 39452 priced at $175,000 pairs $1,120/mo rent with $49/mo cash flow after a $857/mo payment. Total monthly income equals $1,120/mo, and annual cash flow comes to $583/yr on $58,013 invested. Return on cash invested is 20.91% in year one, and rental yield stands at 7.68% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 108.17% and total cumulative return in cash reaches $62,755. For financing, Ziffy Mortgage’s DSCR program evaluates $1,120/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1927
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39452, Lucedale, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,978 (100%) |
| Owner Occupied HU | 9,623 (74.1%) |
| Renter Occupied HU | 1,671 (12.9%) |
| Vacant Housing Units | 1,684 (13.0%) |
| Median Home Value | $177,866 |
| Average Home Value | $210,277 |
Housing Distribution
Address Breakdown
Residential
12,199
Single Family
12,162
Multi-Family
37
Businesses
707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordan M Seals • Coldwell Banker Smith Homes
Mls Name: MLS United
Mls ID: #4095527
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.