224 Magnolia RdLaurelMS39443
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Nearby investment properties with comparable prices
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 Laurel at 224 Magnolia Rd, Laurel, MS, 39443 offers $1,663/mo rent that, after a $1,162/mo payment, leaves $210/mo cash flow. Total monthly income is $1,663/mo, and annual cash flow is $2,521/yr on $78,731 cash. Return on cash invested measures 23.11% in year one, and rental yield stands at 8.4% at a $237,500 entry. Equity gained on principal adds $1,533/yr while 5% annual appreciation compounds into $65,617 by year five. Five-year ROI records 119.96% and total cumulative return in cash reaches $94,449. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,663/mo property income versus a $1,162/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39443, Laurel, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,252 (100%) |
| Owner Occupied HU | 7,644 (74.6%) |
| Renter Occupied HU | 1,499 (14.6%) |
| Vacant Housing Units | 1,109 (10.8%) |
| Median Home Value | $165,051 |
| Average Home Value | $195,475 |
Housing Distribution
Address Breakdown
Residential
10,197
Single Family
10,197
Multi-Family
0
Businesses
333
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Nearby investment properties with comparable prices
Listed by: Susan Brashier, Broker Associate Abr, Gri, Srs • Laurel Hometown Realty LLC
Mls Name: LBOR
Mls ID: #37171