202 Howell RdLucedaleMS39452
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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 Lucedale at 202 Howell Rd, Lucedale, MS, 39452 with 5% annual appreciation on a $249,000 basis while $2,305/mo rent supports operations. Total monthly income totals $2,305/mo and a $1,219/mo payment preserves $781/mo for cash returns. Annual cash flow comes to $9,372/yr on $82,544 deployed, and return on cash invested reaches 31.26% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 11.11%. Five-year ROI measures 163.63% and total cumulative return in cash totals $135,068.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,305/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
2.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39452, Lucedale, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,978 (100%) |
| Owner Occupied HU | 9,623 (74.1%) |
| Renter Occupied HU | 1,671 (12.9%) |
| Vacant Housing Units | 1,684 (13.0%) |
| Median Home Value | $177,866 |
| Average Home Value | $210,277 |
Housing Distribution
Address Breakdown
Residential
12,199
Single Family
12,162
Multi-Family
37
Businesses
707
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Listed by: Sandi Mitchell • The RealTeam Homes & Land, LLC
Mls Name: MLS United
Mls ID: #4124641