1294 Lakeview DrAshlandMS38603
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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
Total monthly income runs $1,907/mo, and a $1,713/mo payment. Purchase price stands at $349,900, and rental yield measures 6.54% with $1,907/mo rent. Return on cash invested shows 17.48% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 89.75% and total cumulative return in cash records $104,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,907/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38603, Ashland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 948 (61.6%) |
| Renter Occupied HU | 169 (11.0%) |
| Vacant Housing Units | 421 (27.4%) |
| Median Home Value | $129,521 |
| Average Home Value | $157,711 |
Housing Distribution
Address Breakdown
Residential
1,338
Single Family
1,338
Multi-Family
0
Businesses
89
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Listed by: Gary Garrison • BHHS McLemore & Co Realty
Mls Name: MLS United
Mls ID: #4120928