132B Horse Ranch RdLucedaleMS39452
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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
Investment property for sale in Lucedale at 132B Horse Ranch Rd, Lucedale, MS, 39452 earns $442/mo cash flow from $3,685/mo rent with a $2,594/mo payment. Total monthly income totals $3,685/mo, and annual cash flow totals $5,301/yr on $174,370 capital. ROI tracks 23.1% on current figures, and rental yield reads 8.34% at a $530,000 purchase. Equity gained on principal adds $3,420/yr, and 5% annual appreciation supports $146,429 over five years. Five-year ROI reaches 119.83% and total cumulative return in cash sums $208,951. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,685/mo property income instead of your personal income.
Single Family
Built in 2019
7 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: Christina Evans • Coldwell Banker Property Pros
Mls Name: MLS United
Mls ID: #4087924
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.