27942 Highway 57LeakesvilleMS39451
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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 Leakesville at 27942 Highway 57, Leakesville, MS, 39451 generates $1,276/mo in rent and, after a $685/mo payment, leaves $379/mo in cash flow. Total monthly income is $1,276/mo, and annual cash flow is $4,543/yr on $46,377 invested. Return on cash invested sits at 29.7% in year one, and rental yield is 10.94% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 155.72% and total cumulative return in cash sums $72,219. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,276/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39451, Leakesville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 1,304 (67.5%) |
| Renter Occupied HU | 286 (14.8%) |
| Vacant Housing Units | 343 (17.7%) |
| Median Home Value | $119,947 |
| Average Home Value | $147,166 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,626
Multi-Family
30
Businesses
152
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Nearby investment properties with comparable prices
Listed by: Charlie F Green • Charlie Green Real Estate
Mls Name: MLS United
Mls ID: #4090358
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.