2283 Highway 29 NLaurelMS39443
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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
Total monthly income runs $3,498/mo, and a $3,059/mo payment. Purchase price stands at $625,000, and rental yield measures 6.72% with $3,498/mo rent. Return on cash invested shows 18.15% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 93.31% and total cumulative return in cash records $191,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,498/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 2004
7 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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Listed by: Amanda Pierce • Woodland Realty, Inc
Mls Name: HSMLS
Mls Provider:
Mls ID: #142334
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.