1628 Airport DrLaurelMS39440
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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 Laurel at 1628 Airport Dr, Laurel, MS, 39440 offers $1,132/mo rent that, after a $729/mo payment, leaves $220/mo cash flow. Total monthly income is $1,132/mo, and annual cash flow is $2,638/yr on $49,394 cash. Return on cash invested measures 25.25% in year one, and rental yield stands at 9.12% at a $149,000 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,166 by year five. Five-year ROI records 131.42% and total cumulative return in cash reaches $64,912. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,132/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
10,200 sqft 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: Holly Mooney • Century 21 Alliance
Mls Name: HSMLS
Mls Provider:
Mls ID: #142177
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.