213 Lakeview DrLelandMS38756
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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 Leland at 213 Lakeview Dr, Leland, MS, 38756 with 5% annual appreciation on a $259,000 basis while $2,221/mo rent supports operations. Total monthly income totals $2,221/mo and a $1,268/mo payment preserves $580/mo for cash returns. Annual cash flow comes to $6,963/yr on $85,859 deployed, and return on cash invested reaches 28.02% in year one. Equity gained on principal adds $1,671/yr, and five-year appreciation sums $71,557 alongside rental yield of 10.29%. Five-year ROI measures 146.56% and total cumulative return in cash totals $125,836.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,221/mo property income versus a $1,268/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38756, Leland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,818 (100%) |
| Owner Occupied HU | 1,575 (55.9%) |
| Renter Occupied HU | 874 (31.0%) |
| Vacant Housing Units | 369 (13.1%) |
| Median Home Value | $120,052 |
| Average Home Value | $166,156 |
Housing Distribution
Address Breakdown
Residential
2,700
Single Family
2,312
Multi-Family
388
Businesses
269
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Listed by: Gaila Oliver • GAILA OLIVER REALTY
Mls Name: Greenville Area BOR
Mls ID: #89920
Disclaimer: Copyright Greenville Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.