292 Lake Shore DrAshlandMS38603
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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
Investment property for sale in Ashland at 292 Lake Shore Dr, Ashland, MS, 38603 with 5% annual appreciation on a $415,000 basis while $1,163/mo rent supports operations. 9% in year one. Equity gained on principal adds $2,678/yr, and five-year appreciation sums $114,657 alongside rental yield of 3.36%. Five-year ROI measures 38.38% and total cumulative return in cash totals $52,797. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,163/mo property income versus a $2,031/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.72 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
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Listed by: Elizabeth Montesi • Centric Realty, LLC
Mls Name: MLS United
Mls ID: #4114186
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.