173 Winter Oaks DrLamarMS38642
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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 Lamar at 173 Winter Oaks Dr, Lamar, MS, 38642 generates $4,037/mo in rent and, after a $2,741/mo payment, leaves $610/mo in cash flow. Total monthly income is $4,037/mo, and annual cash flow is $7,320/yr on $184,240 invested. Return on cash invested sits at 24.03% in year one, and rental yield is 8.65% on a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 124.83% and total cumulative return in cash sums $229,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,037/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38642, Lamar, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,319 (100%) |
| Owner Occupied HU | 921 (69.8%) |
| Renter Occupied HU | 182 (13.8%) |
| Vacant Housing Units | 216 (16.4%) |
| Median Home Value | $107,797 |
| Average Home Value | $163,244 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,127
Multi-Family
0
Businesses
45
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Listed by: Alicia L Teeter • The Firm
Mls Name: MAAR
Mls ID: #10196130