1368 Lake Washington Rd WGlen AllanMS38744
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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 Glen Allan at 1368 Lake Washington Rd W, Glen Allan, MS, 38744 offers a 4.16% rental yield on a $325,000 purchase with $1,128/mo rent. 32% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 51.3% and total cumulative return in cash at $55,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,128/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38744, Glen Allan, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 312 (100%) |
| Owner Occupied HU | 187 (59.9%) |
| Renter Occupied HU | 56 (17.9%) |
| Vacant Housing Units | 69 (22.1%) |
| Median Home Value | $88,636 |
| Average Home Value | $140,615 |
Housing Distribution
Address Breakdown
Residential
159
Single Family
159
Multi-Family
0
Businesses
19
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Nearby investment properties with comparable prices
Listed by: Misti Lewis • MISTI MAUCELI LEWIS REALTY
Mls Name: Greenville Area BOR
Mls ID: #89643
Disclaimer: Copyright Greenville Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.