265 Lamar StDurantMS39063
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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 Durant at 265 Lamar St, Durant, MS, 39063 at $145,000 posts ROI 24.91% with $200/mo cash flow from $1,088/mo rent. Total monthly income equals $1,088/mo, and annual cash flow records $2,404/yr on $48,068 to close. Return on cash invested measures 24.91% and rental yield reads 9% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 129.63% and total cumulative return in cash totals $62,312.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,088/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39063, Durant, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 804 (60.0%) |
| Renter Occupied HU | 360 (26.9%) |
| Vacant Housing Units | 176 (13.1%) |
| Median Home Value | $70,984 |
| Average Home Value | $96,971 |
Housing Distribution
Address Breakdown
Residential
1,423
Single Family
1,268
Multi-Family
155
Businesses
158
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Listed by: Lynn Fillingham • Marketplace Real Estate
Mls Name: MLS United
Mls ID: #4121365