144 Harlan Davis RdLumbertonMS39455
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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 Lumberton at 144 Harlan Davis Rd, Lumberton, MS, 39455 priced at $375,000 converts $1,488/mo rent into after a $1,835/mo obligation. Total monthly income equals $1,488/mo. Return on cash invested prints 12.12% in year one, and rental yield reads 4.76% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 61.02% and total cumulative return in cash sums $75,855. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,488/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Manufactured
Built in 1999
6.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39455, Lumberton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 3,189 (70.7%) |
| Renter Occupied HU | 626 (13.9%) |
| Vacant Housing Units | 696 (15.4%) |
| Median Home Value | $152,344 |
| Average Home Value | $195,421 |
Housing Distribution
Address Breakdown
Residential
4,252
Single Family
4,069
Multi-Family
183
Businesses
174
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Listed by: David Sartin • Ascension Realty LLC
Mls Name: MLS United
Mls ID: #4119465