1802 Bush Dairy RdLaurelMS39440
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 Laurel at 1802 Bush Dairy Rd, Laurel, MS, 39440 offers $788/mo rent that, after a $489/mo payment, leaves $132/mo cash flow. Total monthly income is $788/mo, and annual cash flow is $1,582/yr on $33,150 cash. Return on cash invested measures 24.68% in year one, and rental yield stands at 9.46% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 128.95% and total cumulative return in cash reaches $42,748. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $788/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
2.24 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee Boyette, Cne, Gri, Srs • Woodland Realty, Inc.
Mls Name: LBOR
Mls ID: #36777
Disclaimer: Copyright Laurel Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.