32 Ward RdLumbertonMS39455
Nearby investment properties with comparable rents
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
Total monthly income runs $1,579/mo, and a $1,392/mo payment. Purchase price stands at $284,500, and rental yield measures 6.66% with $1,579/mo rent. Return on cash invested shows 17.85% in year one, and 5% annual appreciation builds toward $78,602 over five years. Five-year ROI reaches 91.74% and total cumulative return in cash records $86,525. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,579/mo property income covering a $1,392/mo payment rather than investor’s personal income.
Single Family
Built in 1976
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39455, Lumberton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 3,189 (70.7%) |
| Renter Occupied HU | 626 (13.9%) |
| Vacant Housing Units | 696 (15.4%) |
| Median Home Value | $152,344 |
| Average Home Value | $195,421 |
Housing Distribution
Address Breakdown
Residential
4,252
Single Family
4,069
Multi-Family
183
Businesses
174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey Byrd • Vines Realty & Land
Mls Name: HSMLS
Mls ID: #144034