156 Ridge LnLucedaleMS39452
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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 Lucedale at 156 Ridge Ln, Lucedale, MS, 39452 priced at $210,000 pairs $1,421/mo rent with $136/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,421/mo, and annual cash flow comes to $1,629/yr on $69,615 invested. Return on cash invested is 22.25% in year one, and rental yield stands at 8.12% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 115.31% and total cumulative return in cash reaches $80,272. For financing, Ziffy Mortgage’s DSCR program evaluates $1,421/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39452, Lucedale, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,978 (100%) |
| Owner Occupied HU | 9,623 (74.1%) |
| Renter Occupied HU | 1,671 (12.9%) |
| Vacant Housing Units | 1,684 (13.0%) |
| Median Home Value | $177,866 |
| Average Home Value | $210,277 |
Housing Distribution
Address Breakdown
Residential
12,199
Single Family
12,162
Multi-Family
37
Businesses
707
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Listed by: Megan A Kittrell • Coldwell Banker Smith Homes
Mls Name: MLS United
Mls ID: #4122329