2175 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
Investment property for sale in Magnolia at 2175 Lela Dr, Magnolia, MS, 39652 listed at $358,000 pairs $1,696/mo rent with a $1,752/mo payment. Total monthly income runs $1,696/mo. Return on cash invested measures 14.91% in year one, and rental yield registers 5.68% at a $358,000 basis. Equity gained on principal adds $2,310/yr, and annual property appreciation at 5% supports $98,909 by year five. Five-year ROI tracks 75.94% and total cumulative return in cash totals $90,126. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,696/mo property income relative to a $1,752/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
45 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: #262-93489