18021 E Main StLouisvilleMS39339
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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
Investment property for sale in Louisville at 18021 E Main St, Louisville, MS, 39339 earns $288/mo cash flow from $1,912/mo rent with a $1,299/mo payment. Total monthly income totals $1,912/mo, and annual cash flow totals $3,453/yr on $88,013 capital. ROI tracks 23.83% on current figures, and rental yield reads 8.64% at a $265,500 purchase. Equity gained on principal adds $1,713/yr, and 5% annual appreciation supports $73,353 over five years. Five-year ROI reaches 123.79% and total cumulative return in cash sums $108,952. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,912/mo property income instead of your personal income.
Single Family
Built in 1945
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39339, Louisville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,346 (66.5%) |
| Renter Occupied HU | 1,431 (21.9%) |
| Vacant Housing Units | 761 (11.6%) |
| Median Home Value | $154,350 |
| Average Home Value | $180,896 |
Housing Distribution
Address Breakdown
Residential
6,262
Single Family
6,147
Multi-Family
115
Businesses
607
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Listed by: Kelly M Wilson • MCCULLOUGH REALTY LLC
Mls Name: Greater Golden Triangle Realtors
Mls ID: #24-2440
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.