142 Latter Rayne DrFlowoodMS39232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Flowood at 142 Latter Rayne Dr, Flowood, MS, 39232 at $669,995 posts ROI 20.62% with $102/mo cash flow from $4,202/mo rent. Total monthly income equals $4,202/mo, and annual cash flow records $1,227/yr on $220,428 to close. Return on cash invested measures 20.62% and rental yield reads 7.53% at the current $669,995. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,107 by year five. Five-year ROI prints 106.52% and total cumulative return in cash totals $234,807.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,202/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39232, Flowood, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,484 (100%) |
| Owner Occupied HU | 2,355 (52.5%) |
| Renter Occupied HU | 1,907 (42.5%) |
| Vacant Housing Units | 222 ( 5.0%) |
| Median Home Value | $296,500 |
| Average Home Value | $359,751 |
Housing Distribution
Address Breakdown
Residential
4,364
Single Family
2,565
Multi-Family
1,799
Businesses
1,659
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Nearby investment properties with comparable prices
Listed by: Kim Edwards • Southern Homes Real Estate
Mls Name: MLS United
Mls ID: #4107309
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.