2228 N 1st AveLaurelMS39440
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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 Laurel at 2228 N 1st Ave, Laurel, MS, 39440 listed at $160,000 pairs $1,585/mo rent with a $783/mo payment to leave $606/mo cash flow. Total monthly income runs $1,585/mo, and annual cash flow reaches $7,272/yr on $53,040 cash to close. Return on cash invested measures 33.62% in year one, and rental yield registers 11.89% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 176.25% and total cumulative return in cash totals $93,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,585/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39440, Laurel, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,547 (100%) |
| Owner Occupied HU | 4,317 (50.5%) |
| Renter Occupied HU | 3,173 (37.1%) |
| Vacant Housing Units | 1,057 (12.4%) |
| Median Home Value | $128,459 |
| Average Home Value | $182,011 |
Housing Distribution
Address Breakdown
Residential
7,887
Single Family
7,358
Multi-Family
529
Businesses
1,223
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Listed by: Joel Thaxton • Woodland Realty, Inc.
Mls Name: LBOR
Mls ID: #37357