2992 Newton Conehatta RdLawrenceMS39336
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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 Lawrence at 2992 Newton Conehatta Rd, Lawrence, MS, 39336 listed at $150,000 pairs $0/mo rent with a $734/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.24% in year one, and rental yield registers 0% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
34.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39336, Lawrence, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 450 (100%) |
| Owner Occupied HU | 343 (76.2%) |
| Renter Occupied HU | 61 (13.6%) |
| Vacant Housing Units | 46 (10.2%) |
| Median Home Value | $123,370 |
| Average Home Value | $186,574 |
Housing Distribution
Address Breakdown
Residential
579
Single Family
579
Multi-Family
0
Businesses
11
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Listed by: Janet Culpepper • Triplett Realty Service
Mls Name: MLS United
Mls ID: #4109238
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.