137 Hickory LnLucedaleMS39452
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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
Rental property for sale in Lucedale at 137 Hickory Ln, Lucedale, MS, 39452 generates $1,126/mo in rent and, after a $729/mo payment, leaves $208/mo in cash flow. Total monthly income is $1,126/mo, and annual cash flow is $2,499/yr on $49,394 invested. Return on cash invested sits at 24.97% in year one, and rental yield is 9.07% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 129.98% and total cumulative return in cash sums $64,204. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,126/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.43 Acres lot
$N/A/sqft
$75 annually 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: Lindsey Varnadore • Better Homes & Gardens RE Traditions
Mls Name: MLS United
Mls ID: #4117081
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.