1669 Snow Lake DrAshlandMS38603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ashland at 1669 Snow Lake Dr, Ashland, MS, 38603 priced at $254,900 converts $1,615/mo rent into $55/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,615/mo, and annual cash flow totals $657/yr on $84,499 invested. Return on cash invested prints 20.69% in year one, and rental yield reads 7.6% against a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,424 by year five. Five-year ROI reaches 106.94% and total cumulative return in cash sums $90,360. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,615/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38603, Ashland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 948 (61.6%) |
| Renter Occupied HU | 169 (11.0%) |
| Vacant Housing Units | 421 (27.4%) |
| Median Home Value | $129,521 |
| Average Home Value | $157,711 |
Housing Distribution
Address Breakdown
Residential
1,338
Single Family
1,338
Multi-Family
0
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A