1548 N 7th AveLaurelMS39440
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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
Total monthly income runs $1,884/mo, and a $2,594/mo payment. Purchase price stands at $529,900, and rental yield measures 4.27% with $1,884/mo rent. Return on cash invested shows 10.71% in year one, and 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 53.36% and total cumulative return in cash records $93,023. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,884/mo property income covering a $2,594/mo payment rather than investor’s personal income.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39440, Laurel, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,547 (100%) |
| Owner Occupied HU | 4,317 (50.5%) |
| Renter Occupied HU | 3,173 (37.1%) |
| Vacant Housing Units | 1,057 (12.4%) |
| Median Home Value | $128,459 |
| Average Home Value | $182,011 |
Housing Distribution
Address Breakdown
Residential
7,887
Single Family
7,358
Multi-Family
529
Businesses
1,223
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Listed by: Jason Lovern • Hill Real Estate- Philadelphia
Mls Name: East Mississippi REALTORS
Mls Provider:
Mls ID: #25-197
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.