213 Dolly LnMageeMS39111
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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
Rental property for sale in Magee at 213 Dolly Ln, Magee, MS, 39111 priced at $312,900 pairs $1,080/mo rent with after a $1,531/mo payment. Total monthly income equals $1,080/mo. Return on cash invested is 10.26% in year one, and rental yield stands at 4.14% on a $312,900 basis. Equity gained on principal adds $2,019/yr, and 5% annual appreciation accumulates to $86,449 by year five. Five-year ROI measures 50.99% and total cumulative return in cash reaches $52,890. For financing, Ziffy Mortgage’s DSCR program evaluates $1,080/mo property income against a $1,531/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39111, Magee, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 2,485 (60.9%) |
| Renter Occupied HU | 996 (24.4%) |
| Vacant Housing Units | 600 (14.7%) |
| Median Home Value | $155,105 |
| Average Home Value | $163,878 |
Housing Distribution
Address Breakdown
Residential
3,972
Single Family
3,650
Multi-Family
322
Businesses
586
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Listed by: Hartley Havard • Havard Real Estate Group, LLC
Mls Name: MLS United
Mls ID: #4095763
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.