2 Lamplighter RdPearlMS39208
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
Investment property for sale in Pearl at 2 Lamplighter Rd, Pearl, MS, 39208 at $189,900 posts ROI 31.58% with $612/mo cash flow from $1,774/mo rent. Total monthly income equals $1,774/mo, and annual cash flow records $7,348/yr on $62,952 to close. Return on cash invested measures 31.58% and rental yield reads 11.21% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 165.39% and total cumulative return in cash totals $104,117.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,774/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39208, Pearl, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,880 (100%) |
| Owner Occupied HU | 8,998 (64.8%) |
| Renter Occupied HU | 4,011 (28.9%) |
| Vacant Housing Units | 871 ( 6.3%) |
| Median Home Value | $177,888 |
| Average Home Value | $221,845 |
Housing Distribution
Address Breakdown
Residential
12,750
Single Family
10,721
Multi-Family
2,029
Businesses
1,119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cammie Breedlove • Keller Williams
Mls Name: MLS United
Mls ID: #4086229
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.