139 Lacy Ivy RdPotts CampMS38659
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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 Potts Camp at 139 Lacy Ivy Rd, Potts Camp, MS, 38659 offers $1,648/mo rent that, after a $1,858/mo payment. Total monthly income is $1,648/mo. Return on cash invested measures 13.47% in year one, and rental yield stands at 5.21% at a $379,600 entry. Equity gained on principal adds $2,450/yr while 5% annual appreciation compounds into $104,876 by year five. Five-year ROI records 68.22% and total cumulative return in cash reaches $85,843. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,648/mo property income versus a $1,858/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
29.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38659, Potts Camp, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,225 (100%) |
| Owner Occupied HU | 855 (69.8%) |
| Renter Occupied HU | 154 (12.6%) |
| Vacant Housing Units | 216 (17.6%) |
| Median Home Value | $162,500 |
| Average Home Value | $282,061 |
Housing Distribution
Address Breakdown
Residential
1,183
Single Family
1,183
Multi-Family
0
Businesses
36
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Listed by: Joanne Huff • 1st Rate Real Estate & Land Co., Llc
Mls Name: MLS United
Mls ID: #4102055
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.