2171 Lela DrMagnoliaMS39652
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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 Magnolia at 2171 Lela Dr, Magnolia, MS, 39652 generates $1,699/mo in rent, after a $3,059/mo payment. Total monthly income is $1,699/mo. Return on cash invested sits at 7.66% in year one, and rental yield is 3.26% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 37.02% and total cumulative return in cash sums $76,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,699/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39652, Magnolia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 2,697 (66.6%) |
| Renter Occupied HU | 617 (15.2%) |
| Vacant Housing Units | 736 (18.2%) |
| Median Home Value | $105,368 |
| Average Home Value | $149,638 |
Housing Distribution
Address Breakdown
Residential
3,355
Single Family
3,319
Multi-Family
36
Businesses
211
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Listed by: Brandon Wilkins • America's Land Partners
Mls Name: REALSTACK
Mls ID: #262-93490