1817 Center StLeakesvilleMS39451
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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 Leakesville at 1817 Center St, Leakesville, MS, 39451 offers a 8.03% rental yield on a $250,000 purchase with $1,672/mo rent. Total monthly income registers $1,672/mo, and a $1,224/mo payment leaves $142/mo available for distribution. Annual cash flow reaches $1,701/yr on $82,875 to close, and return on cash invested stands at 21.96% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 113.78% and total cumulative return in cash at $94,294. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,672/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39451, Leakesville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 1,304 (67.5%) |
| Renter Occupied HU | 286 (14.8%) |
| Vacant Housing Units | 343 (17.7%) |
| Median Home Value | $119,947 |
| Average Home Value | $147,166 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,626
Multi-Family
30
Businesses
152
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Listed by: Amy D Erkhart • Amy Erkhart Realty, LLC
Mls Name: MLS United
Mls ID: #4135728