129 Albert Davis 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
Investment property for sale in Lucedale at 129 Albert Davis Rd, Lucedale, MS, 39452 at $209,000 posts ROI 31.32% with $659/mo cash flow from $1,938/mo rent. Total monthly income equals $1,938/mo, and annual cash flow records $7,908/yr on $69,284 to close. Return on cash invested measures 31.32% and rental yield reads 11.13% at the current $209,000. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 by year five. Five-year ROI prints 163.95% and total cumulative return in cash totals $113,594.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,938/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
1.01 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
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Listed by: Janie L Grice • Better Homes & Gardens RE Traditions
Mls Name: MLS United
Mls ID: #4089075
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.