17 Pickwick PointLumbertonMS39455
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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 Lumberton at 17 Pickwick Point, Lumberton, MS, 39455 priced at $740,000 converts $2,316/mo rent into after a $3,622/mo obligation. Total monthly income equals $2,316/mo. Return on cash invested prints 9.15% in year one, and rental yield reads 3.76% against a $740,000 entry. Equity gained on principal adds $4,775/yr, while 5% annual appreciation compiles into $204,448 by year five. Five-year ROI reaches 45.05% and total cumulative return in cash sums $109,690. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,316/mo property income covering a $3,622/mo payment, not borrower’s personal income.
Single Family
Built in 2017
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39455, Lumberton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 3,189 (70.7%) |
| Renter Occupied HU | 626 (13.9%) |
| Vacant Housing Units | 696 (15.4%) |
| Median Home Value | $152,344 |
| Average Home Value | $195,421 |
Housing Distribution
Address Breakdown
Residential
4,252
Single Family
4,069
Multi-Family
183
Businesses
174
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Listed by: Dawson Lowery • Epique Realty
Mls Name: HSMLS
Mls ID: #145402