313 N Deer Creek Dr WLelandMS38756
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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 Leland at 313 N Deer Creek Dr W, Leland, MS, 38756 offers a 9.23% rental yield on a $179,000 purchase with $1,377/mo rent. Total monthly income registers $1,377/mo, and a $876/mo payment leaves $282/mo available for distribution. Annual cash flow reaches $3,381/yr on $59,339 to close, and return on cash invested stands at 25.61% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 133.31% and total cumulative return in cash at $79,107. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,377/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38756, Leland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,818 (100%) |
| Owner Occupied HU | 1,575 (55.9%) |
| Renter Occupied HU | 874 (31.0%) |
| Vacant Housing Units | 369 (13.1%) |
| Median Home Value | $120,052 |
| Average Home Value | $166,156 |
Housing Distribution
Address Breakdown
Residential
2,700
Single Family
2,312
Multi-Family
388
Businesses
269
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Listed by: Chris Tonos • BETSY ALEXANDER REALTY
Mls Name: Greenville Area BOR
Mls ID: #89949