160 Reeves RdLaurelMS39443
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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
Investment property for sale in Laurel at 160 Reeves Rd, Laurel, MS, 39443 uses $92,489 cash to close to unlock $2,251/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $1,913/mo, and a $1,366/mo payment keeps the spread at $188/mo. Purchase price stands at $279,000, and rental yield measures 8.23% with $1,913/mo rent. Return on cash invested shows 22.34% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 115.9% and total cumulative return in cash records $107,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,913/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 1958
1.28 Acres lot
$N/A/sqft
No 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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Listed by: David Dill • Magnolia Real Estate
Mls Name: HSMLS
Mls Provider:
Mls ID: #142944
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.