1503 County Line RdLenaMS39094
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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 Lena at 1503 County Line Rd, Lena, MS, 39094 priced at $185,000 converts $1,595/mo rent into $463/mo cash flow after a $905/mo obligation. Total monthly income equals $1,595/mo, and annual cash flow totals $5,561/yr on $61,328 invested. Return on cash invested prints 28.98% in year one, and rental yield reads 10.35% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 151.41% and total cumulative return in cash sums $92,859. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,595/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1990
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39094, Lena, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,776 (100%) |
| Owner Occupied HU | 1,324 (74.5%) |
| Renter Occupied HU | 207 (11.7%) |
| Vacant Housing Units | 245 (13.8%) |
| Median Home Value | $128,914 |
| Average Home Value | $171,412 |
Housing Distribution
Address Breakdown
Residential
1,620
Single Family
1,620
Multi-Family
0
Businesses
36
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Listed by: Janet Culpepper • Triplett Realty Service
Mls Name: MLS United
Mls ID: #4092454
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.