3220 Payne RdLucedaleMS39452
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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 Lucedale at 3220 Payne Rd, Lucedale, MS, 39452 listed at $398,000 pairs $2,471/mo rent with a $1,948/mo payment to leave $35/mo cash flow. Total monthly income runs $2,471/mo, and annual cash flow reaches $425/yr on $131,937 cash to close. Return on cash invested measures 20.23% in year one, and rental yield registers 7.45% at a $398,000 basis. Equity gained on principal adds $2,568/yr, and annual property appreciation at 5% supports $109,960 by year five. Five-year ROI tracks 104.5% and total cumulative return in cash totals $137,868. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,471/mo property income relative to a $1,948/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
10.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39452, Lucedale, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,978 (100%) |
| Owner Occupied HU | 9,623 (74.1%) |
| Renter Occupied HU | 1,671 (12.9%) |
| Vacant Housing Units | 1,684 (13.0%) |
| Median Home Value | $177,866 |
| Average Home Value | $210,277 |
Housing Distribution
Address Breakdown
Residential
12,199
Single Family
12,162
Multi-Family
37
Businesses
707
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A