15 Lakeshore DrLaurelMS39443
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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 Laurel at 15 Lakeshore Dr, Laurel, MS, 39443 at $599,900 posts ROI 18.72% with from $3,835/mo rent. Total monthly income equals $3,835/mo. Return on cash invested measures 18.72% and rental yield reads 7.67% at the current $599,900. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 by year five. Five-year ROI prints 97.19% and total cumulative return in cash totals $191,824. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,835/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
1.81 Acres lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39443, Laurel, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,252 (100%) |
| Owner Occupied HU | 7,644 (74.6%) |
| Renter Occupied HU | 1,499 (14.6%) |
| Vacant Housing Units | 1,109 (10.8%) |
| Median Home Value | $165,051 |
| Average Home Value | $195,475 |
Housing Distribution
Address Breakdown
Residential
10,197
Single Family
10,197
Multi-Family
0
Businesses
333
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Nearby investment properties with comparable prices
Listed by: Gale Cooley, Broker • Laurel Hometown Realty LLC
Mls Name: LBOR
Mls ID: #36726
Disclaimer: Copyright Laurel Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.