301 Duckworth PlFlorenceMS39073
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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 Florence at 301 Duckworth Pl, Florence, MS, 39073 uses $82,842 cash to close to unlock $7,414/yr annual cash flow and $618/mo monthly cash flow. Total monthly income runs $2,147/mo, and a $1,223/mo payment keeps the spread at $618/mo. Purchase price stands at $249,900, and rental yield measures 10.31% with $2,147/mo rent. Return on cash invested shows 28.86% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 150.74% and total cumulative return in cash records $124,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,147/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2007
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39073, Florence, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 7,088 (79.1%) |
| Renter Occupied HU | 1,219 (13.6%) |
| Vacant Housing Units | 655 ( 7.3%) |
| Median Home Value | $255,000 |
| Average Home Value | $266,199 |
Housing Distribution
Address Breakdown
Residential
8,102
Single Family
7,970
Multi-Family
132
Businesses
405
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Listed by: Kris Koziol • Keller Williams
Mls Name: MLS United
Mls ID: #4088121
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.