2503 Highway 18LouinMS39338
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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 Louin at 2503 Highway 18, Louin, MS, 39338 generates $1,122/mo in rent and, after a $709/mo payment, leaves $236/mo in cash flow. Total monthly income is $1,122/mo, and annual cash flow is $2,826/yr on $48,034 invested. Return on cash invested sits at 25.79% in year one, and rental yield is 9.29% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 134.36% and total cumulative return in cash sums $64,537. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,122/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39338, Louin, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,339 (100%) |
| Owner Occupied HU | 972 (72.6%) |
| Renter Occupied HU | 129 ( 9.6%) |
| Vacant Housing Units | 238 (17.8%) |
| Median Home Value | $96,000 |
| Average Home Value | $152,860 |
Housing Distribution
Address Breakdown
Residential
1,283
Single Family
1,283
Multi-Family
0
Businesses
34
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Listed by: Melissa Johnson • Epique Realty
Mls Name: HSMLS
Mls ID: #145185