277 Service RdLaurelMS39443
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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 Laurel at 277 Service Rd, Laurel, MS, 39443 priced at $147,900 converts $965/mo rent into $60/mo cash flow after a $724/mo obligation. Total monthly income equals $965/mo, and annual cash flow totals $718/yr on $49,029 invested. Return on cash invested prints 21.37% in year one, and rental yield reads 7.83% against a $147,900 entry. Equity gained on principal adds $954/yr, while 5% annual appreciation compiles into $40,862 by year five. Five-year ROI reaches 110.62% and total cumulative return in cash sums $54,235. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $965/mo property income covering a $724/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
1.33 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: Ginger Yarbrough • Laurel Hometown Realty LLC
Mls Name: LBOR
Mls ID: #36894