258 Lakeshore TerAshlandMS38603
Nearby investment properties with comparable rents
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 Ashland at 258 Lakeshore Ter, Ashland, MS, 38603 generates $1,188/mo in rent, after a $2,447/mo payment. Total monthly income is $1,188/mo. Return on cash invested sits at 6.36% in year one, and rental yield is 2.85% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 30.09% and total cumulative return in cash sums $49,860. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,188/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38603, Ashland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 948 (61.6%) |
| Renter Occupied HU | 169 (11.0%) |
| Vacant Housing Units | 421 (27.4%) |
| Median Home Value | $129,521 |
| Average Home Value | $157,711 |
Housing Distribution
Address Breakdown
Residential
1,338
Single Family
1,338
Multi-Family
0
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Mullins • Cannon Cleary McGraw
Mls Name: NCMBR
Mls Provider:
Mls ID: #161015
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.